Catamaran Corp (CTRX): 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.

Catamaran ( CTRX) pushed the Health Services industry higher today making it today's featured health services winner. The industry as a whole closed the day up 0.3%. By the end of trading, Catamaran rose $1.20 (2.1%) to $58.23 on average volume. Throughout the day, 2,166,612 shares of Catamaran exchanged hands as compared to its average daily volume of 1,929,500 shares. The stock ranged in a price between $56.90-$58.56 after having opened the day at $57.00 as compared to the previous trading day's close of $57.03. Other companies within the Health Services industry that increased today were: Stereotaxis ( STXS), up 74.8%, Uroplasty ( UPI), up 16.9%, BSD Medical Corporation ( BSDM), up 14.9% and Response Genetics ( RGDX), up 12.8%.

Catamaran Corporation provides pharmacy benefit management (PBM) services and healthcare information technology (HCIT) solutions to the healthcare benefits management industry in North America. The company operates in two segments: PBM and HCIT. Catamaran has a market cap of $10.9 billion and is part of the health care sector. Shares are up 12.1% year to date as of the close of trading on Thursday. Currently there are 14 analysts that rate Catamaran a buy, no analysts rate it a sell, and 3 rate it a hold.

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

On the negative front, Organovo Holdings ( ONVO), down 14.0%, LipoScience ( LPDX), down 10.4%, Universal American ( UAM), down 10.0% and Oculus Innovative ( OCLS), down 7.3% , were all laggards within the health services industry with UnitedHealth Group ( UNH) 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).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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