Agilent Technologies Inc (A): 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.

Agilent Technologies ( A) pushed the Health Services industry higher today making it today's featured health services winner. The industry as a whole was unchanged today. By the end of trading, Agilent Technologies rose $0.65 (1.2%) to $53.58 on average volume. Throughout the day, 2,409,224 shares of Agilent Technologies exchanged hands as compared to its average daily volume of 2,727,100 shares. The stock ranged in a price between $52.72-$53.83 after having opened the day at $52.86 as compared to the previous trading day's close of $52.93. Other companies within the Health Services industry that increased today were: Oculus Innovative ( OCLS), up 103.4%, CAS Medical Systems ( CASM), up 28.7%, Navidea Biopharmaceuticals ( NAVB), up 10.2% and Liberator Medical Holdings ( LBMH), up 10.1%.

Agilent Technologies, Inc. provides bio-analytical and electronic measurement solutions and services to the life sciences, chemical analysis, diagnostics and genomics, communications, and electronics industries worldwide. Agilent Technologies has a market cap of $17.6 billion and is part of the health care sector. The company has a P/E ratio of 18.5, above the S&P 500 P/E ratio of 17.7. Shares are up 29.3% year to date as of the close of trading on Tuesday. Currently there are 12 analysts that rate Agilent Technologies a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Agilent Technologies as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, reasonable valuation levels, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, BioTelemetry ( BEAT), down 19.9%, EnteroMedics ( ETRM), down 13.4%, Baxano Surgical ( BAXS), down 7.6% and BSD Medical Corporation ( BSDM), down 7.1% , were all laggards within the health services industry with Medtronic ( MDT) 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).

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