WellCare Health Plans Inc. (WCG): 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.

WellCare Health Plans ( WCG) pushed the Health Services industry higher today making it today's featured health services winner. The industry as a whole closed the day down 0.3%. By the end of trading, WellCare Health Plans rose $4.17 (6.2%) to $70.96 on heavy volume. Throughout the day, 1,342,451 shares of WellCare Health Plans exchanged hands as compared to its average daily volume of 478,100 shares. The stock ranged in a price between $65.21-$71.11 after having opened the day at $66.55 as compared to the previous trading day's close of $66.79. Other companies within the Health Services industry that increased today were: ERBA Diagnostics ( ERB), up 33.9%, WuXi PharmaTech (Cayman ( WX), up 5.7%, China Cord Blood ( CO), up 5.3% and LHC Group ( LHCG), up 4.6%.

WellCare Health Plans, Inc. provides managed care services for government-sponsored health care programs in the United States. WellCare Health Plans has a market cap of $2.9 billion and is part of the health care sector. Shares are up 37.2% year to date as of the close of trading on Friday. Currently there are 5 analysts that rate WellCare Health Plans a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates WellCare Health Plans 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, attractive valuation levels, good cash flow from operations and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the negative front, Abiomed ( ABMD), down 11.7%, Electromed ( ELMD), down 11.4%, Baxano Surgical ( BAXS), down 10.6% and Retractable Technologies ( RVP), down 9.7% , were all laggards within the health services industry with Edwards Life ( EW) 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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