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 1.2%. By the end of trading, Thermo Fisher Scientific rose $1.38 (1.1%) to $122.90 on average volume. Throughout the day, 2,518,281 shares of Thermo Fisher Scientific exchanged hands as compared to its average daily volume of 2,034,100 shares. The stock ranged in a price between $120.61-$123.43 after having opened the day at $120.87 as compared to the previous trading day's close of $121.52. Other companies within the Health Services industry that increased today were: Psychemedics Corporation ( PMD), up 12.0%, Rockwell Medical ( RMTI), up 9.5%, InfuSystems Holdings ( INFU), up 9.3% and Vision-Sciences Inc (DE ( VSCI), up 9.0%.

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 $43.7 billion and is part of the health care sector. Shares are up 9.1% year to date as of the close of trading on Wednesday. Currently there are 15 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 revenue growth, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, solid stock price performance and good cash flow from operations. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the negative front, Dehaier Medical Systems ( DHRM), down 17.0%, Liberator Medical Holdings ( LBMH), down 11.6%, SunLink Health Systems ( SSY), down 7.3% and Kips Bay Medical ( KIPS), down 6.2% , were all laggards within the health services industry with Mindray Medical International Limited ADR r ( MR) 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.

More from Markets

4 Stocks Making Important Moves Wednesday

4 Stocks Making Important Moves Wednesday

Dow Futures Turn Positive After Boeing Earnings Blowout; Twitter Boosts Nasdaq

Dow Futures Turn Positive After Boeing Earnings Blowout; Twitter Boosts Nasdaq

Facebook, Boeing, Shire and Credit Suisse - 5 Things You Must Know

Facebook, Boeing, Shire and Credit Suisse - 5 Things You Must Know

Facebook Prepares for Earnings and 4 Other Stories You Must Know Wednesday

Facebook Prepares for Earnings and 4 Other Stories You Must Know Wednesday

Facebook's Investors Have a Big Day Ahead

Facebook's Investors Have a Big Day Ahead