Thermo Fisher Scientific Inc (TMO): 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.

Thermo Fisher Scientific ( TMO) 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, Thermo Fisher Scientific rose $1.02 (1.1%) to $92.36 on average volume. Throughout the day, 1,275,881 shares of Thermo Fisher Scientific exchanged hands as compared to its average daily volume of 1,515,900 shares. The stock ranged in a price between $91.33-$92.88 after having opened the day at $91.56 as compared to the previous trading day's close of $91.34. Other companies within the Health Services industry that increased today were: Pro-Dex ( PDEX), up 20.1%, InspireMD ( NSPR), up 18.8%, Fonar Corporation ( FONR), up 17.2% and Health Insurance Innovations ( HIIQ), up 10.9%.

Thermo Fisher Scientific Inc. provides analytical instruments, equipment, reagents and consumables, software, and services for research, manufacture, analysis, discovery, and diagnostics. Thermo Fisher Scientific has a market cap of $33.5 billion and is part of the health care sector. Shares are up 45.5% year to date as of the close of trading on Thursday. Currently there are 12 analysts that rate Thermo Fisher Scientific a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Thermo Fisher Scientific as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance and reasonable valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the negative front, Edap TMS ( EDAP), down 7.9%, Pingtan Marine Enterprise ( PME), down 7.7%, American Caresource Holdings ( ANCI), down 5.5% and Misonix ( MSON), down 5.2% , were all laggards within the health services industry with Align Technology ( ALGN) 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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