WellCare Health Plans Inc. (WCG): Today's Featured Health Services Laggard

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 lower today making it today's featured Health Services laggard. The industry as a whole closed the day up 0.7%. By the end of trading, WellCare Health Plans fell $1.16 (-1.8%) to $62.22 on heavy volume. Throughout the day, 816,570 shares of WellCare Health Plans exchanged hands as compared to its average daily volume of 470,100 shares. The stock ranged in price between $61.93-$63.46 after having opened the day at $63.03 as compared to the previous trading day's close of $63.38. Other companies within the Health Services industry that declined today were: Alphatec Holdings ( ATEC), down 18.3%, Thermogenesis Corporation ( KOOL), down 6.5%, Fonar Corporation ( FONR), down 5.9% and Molina Healthcare ( MOH), down 5.7%.

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 $2.7 billion and is part of the health care sector. Shares are down 10.0% year to date as of the close of trading on Monday. Currently there are 5 analysts that rate WellCare Health Plans a buy, 1 analyst rates 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 solid stock price performance. We feel these strengths outweigh the fact that the company shows low profit margins.

On the positive front, Dehaier Medical Systems ( DHRM), up 30.3%, Vision-Sciences Inc (DE ( VSCI), up 12.7%, Hansen Medical ( HNSN), up 12.6% and ERBA Diagnostics ( ERB), up 10.0% , were all gainers within the health services industry with Express Scripts ( ESRX) being today's featured health services industry leader.

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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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