Tenet Healthcare Corp (THC): 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.

Tenet Healthcare ( THC) pushed the Health Services industry higher today making it today's featured health services winner. The industry as a whole closed the day up 0.2%. By the end of trading, Tenet Healthcare rose $0.75 (1.6%) to $46.87 on average volume. Throughout the day, 1,802,632 shares of Tenet Healthcare exchanged hands as compared to its average daily volume of 1,732,400 shares. The stock ranged in a price between $45.85-$47.60 after having opened the day at $46.30 as compared to the previous trading day's close of $46.12. Other companies within the Health Services industry that increased today were: Emeritus Corporation ( ESC), up 35.2%, Concord Medical Services Holdings ( CCM), up 16.4%, Amedica Corporation ( AMDA), up 10.6% and ZELTIQ Aesthetics ( ZLTQ), up 10.2%.

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 $4.6 billion and is part of the health care sector. Shares are up 9.4% year to date as of the close of trading on Thursday. Currently there are 7 analysts that rate Tenet Healthcare a buy, no analysts rate it a sell, and 6 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 increase in stock price during the past year, growth in earnings per share and revenue growth. 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, Dehaier Medical Systems ( DHRM), down 14.7%, Alphatec Holdings ( ATEC), down 8.0%, IsoRay ( ISR), down 7.6% and Bovie Medical Corporation ( BVX), down 6.8% , were all laggards within the health services industry with Express Scripts ( ESRX) 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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