CareFusion Corp (CFN): Today's Featured Health Services Winner

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

CareFusion ( CFN) pushed the Health Services industry higher today making it today's featured health services winner. The industry as a whole closed the day up 0.7%. By the end of trading, CareFusion rose $0.41 (1.1%) to $38.59 on light volume. Throughout the day, 1,333,627 shares of CareFusion exchanged hands as compared to its average daily volume of 2,172,700 shares. The stock ranged in a price between $38.28-$38.88 after having opened the day at $38.37 as compared to the previous trading day's close of $38.18. Other companies within the Health Services industry that increased today were: Stereotaxis ( STXS), up 228.7%, Spherix ( SPEX), up 18.5%, LCA-Vision ( LCAV), up 16.3% and American Shared Hospital Services ( AMS), up 14.1%.

CareFusion Corporation provides various healthcare products and services in the United States and internationally. It operates in two segments, Medical Systems and Procedural Solutions. CareFusion has a market cap of $8.4 billion and is part of the health care sector. Shares are up 34.1% year to date as of the close of trading on Monday. Currently there are 6 analysts that rate CareFusion a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates CareFusion as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, compelling growth in net income, largely solid financial position with reasonable debt levels by most measures, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the negative front, Orthofix International N.V ( OFIX), down 16.3%, Luminex Corporation ( LMNX), down 12.5%, Health Management Associates ( HMA), down 10.9% and Organovo Holdings ( ONVO), down 9.9% , were all laggards within the health services industry with Boston Scientific ( BSX) being today's health services industry laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the health services industry could consider Health Care Select Sector SPDR ( XLV) while those bearish on the health services industry could consider ProShares Ultra Short Health Care ( RXD).

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