Boston Scientific Inc. (BSX): 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.

Boston Scientific ( BSX) pushed the Health Services industry higher today making it today's featured health services winner. The industry as a whole closed the day down 0.7%. By the end of trading, Boston Scientific rose $0.31 (2.4%) to $13.39 on average volume. Throughout the day, 14,981,754 shares of Boston Scientific exchanged hands as compared to its average daily volume of 11,779,800 shares. The stock ranged in a price between $13.05-$13.45 after having opened the day at $13.09 as compared to the previous trading day's close of $13.08. Other companies within the Health Services industry that increased today were: Spectranetics Corporation ( SPNC), up 15.1%, ImmunoCellular Therapeutics ( IMUC), up 14.1%, Kips Bay Medical ( KIPS), up 5.5% and TearLab Corpoartion ( TEAR), up 4.6%.

Boston Scientific Corporation develops, manufactures, and markets medical devices used in various interventional medical specialties worldwide. Boston Scientific has a market cap of $17.5 billion and is part of the health care sector. Shares are up 8.8% year to date as of the close of trading on Monday. Currently there are 8 analysts that rate Boston Scientific a buy, no analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates Boston Scientific as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and impressive record of earnings per share growth. However, as a counter to these strengths, we find that the company has favored debt over equity in the management of its balance sheet.

On the negative front, Tenet Healthcare ( THC), down 9.1%, SunLink Health Systems ( SSY), down 8.8%, Amedica Corporation ( AMDA), down 8.5% and Dehaier Medical Systems ( DHRM), down 7.0% , were all laggards within the health services industry with Baxter International ( BAX) 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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