Tenet Healthcare Corp (THC): Today's Featured Health Care 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.

Tenet Healthcare ( THC) pushed the Health Care sector higher today making it today's featured health care winner. The sector as a whole closed the day up 0.7%. By the end of trading, Tenet Healthcare rose $2.53 (6.1%) to $43.90 on heavy volume. Throughout the day, 3,441,941 shares of Tenet Healthcare exchanged hands as compared to its average daily volume of 1,496,500 shares. The stock ranged in a price between $41.22-$44.53 after having opened the day at $41.51 as compared to the previous trading day's close of $41.37. Other companies within the Health Care sector that increased today were: GW Pharmaceuticals PLC ADR ( GWPH), up 96.9%, Delcath Systems ( DCTH), up 91.4%, DARA Biosciences ( DARA), up 41.2% and Genvec ( GNVC), up 27.7%.

Tenet Healthcare Corporation, an investor-owned health care services company, owns and operates acute care hospitals, ambulatory surgery centers, diagnostic imaging centers, urgent care centers, and related health care facilities in the United States. Tenet Healthcare has a market cap of $4.1 billion and is part of the health services industry. Shares are up 24.3% year to date as of the close of trading on Tuesday. Currently there are 7 analysts that rate Tenet Healthcare a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Tenet Healthcare as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally higher debt management risk and disappointing return on equity.

On the negative front, Span-America Medical ( SPAN), down 12.8%, StemCells ( STEM), down 12.5%, GTx ( GTXI), down 12.2% and Aoxing Pharmaceutical Company ( AXN), down 10.8% , were all laggards within the health care sector with Catamaran ( CTRX) being today's health care sector laggard.

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

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