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.Cigna ( CI) pushed the Health Care sector higher today making it today's featured health care winner. The sector as a whole closed the day down 0.2%. By the end of trading, Cigna rose $0.87 (1.1%) to $78.59 on heavy volume. Throughout the day, 3,176,264 shares of Cigna exchanged hands as compared to its average daily volume of 1,403,400 shares. The stock ranged in a price between $77.73-$79.49 after having opened the day at $77.84 as compared to the previous trading day's close of $77.72. Other companies within the Health Care sector that increased today were: Retractable Technologies ( RVP), up 71.7%, GW Pharmaceuticals PLC ADR ( GWPH), up 69.3%, Verenium Corporation ( VRNM), up 58.2% and Electromed ( ELMD), up 25.5%.
Cigna Corporation, a health services organization, provides insurance and related products and services in the United States and internationally. Cigna has a market cap of $23.7 billion and is part of the health services industry. Shares are up 56.6% year to date as of the close of trading on Thursday. Currently there are 8 analysts that rate Cigna a buy, no analysts rate it a sell, and 6 rate it a hold. TheStreet Ratings rates Cigna as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, solid stock price performance and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows weak operating cash flow.