3 Stocks Pushing The Health Services Industry Higher

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.

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 4 points (0.0%) at 16,511 as of Wednesday, April 23, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,718 issues advancing vs. 1,280 declining with 133 unchanged.

The Health Services industry currently sits down 0.4% versus the S&P 500, which is down 0.1%.

TheStreet would like to highlight 3 stocks pushing the industry higher today:

3. Tenet Healthcare ( THC) is one of the companies pushing the Health Services industry higher today. As of noon trading, Tenet Healthcare is up $1.22 (3.0%) to $41.56 on average volume. Thus far, 958,118 shares of Tenet Healthcare exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $40.49-$41.78 after having opened the day at $40.49 as compared to the previous trading day's close of $40.34.

Tenet Healthcare Corporation, an investor-owned health care services company, primarily operates acute care hospitals and related health care facilities in the United States. Tenet Healthcare has a market cap of $3.9 billion and is part of the health care sector. Shares are down 4.2% year-to-date as of the close of trading on Tuesday. Currently there are 7 analysts who rate Tenet Healthcare a buy, 1 analyst rates it a sell, and 7 rate it a hold.

TheStreet Ratings rates Tenet Healthcare as a hold. Among the primary strengths of the company is its robust revenue growth -- not just in the most recent periods but in previous quarters as well. At the same time, however, we also find weaknesses including deteriorating net income, generally higher debt management risk and disappointing return on equity. Get the full Tenet Healthcare Ratings Report now.

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2. As of noon trading, HCA Holdings ( HCA) is up $0.88 (1.8%) to $50.30 on average volume. Thus far, 1.1 million shares of HCA Holdings exchanged hands as compared to its average daily volume of 2.5 million shares. The stock has ranged in price between $49.48-$50.60 after having opened the day at $49.70 as compared to the previous trading day's close of $49.42.

HCA Holdings, Inc., through its subsidiaries, provides health care services. HCA Holdings has a market cap of $21.9 billion and is part of the health care sector. Shares are up 3.6% year-to-date as of the close of trading on Tuesday. Currently there are 14 analysts who rate HCA Holdings a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates HCA Holdings as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income and revenue growth. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and poor profit margins. Get the full HCA Holdings Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

1. As of noon trading, Humana ( HUM) is up $0.93 (0.9%) to $108.81 on average volume. Thus far, 766,639 shares of Humana exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $106.37-$108.89 after having opened the day at $107.60 as compared to the previous trading day's close of $107.88.

Humana Inc., a health care company, offers a range of insurance products, and health and wellness services that incorporate an integrated approach to lifelong well-being. The company operates in Retail, Employer Group, Healthcare Services, and Other Businesses segments. Humana has a market cap of $16.3 billion and is part of the health care sector. Shares are up 4.5% year-to-date as of the close of trading on Tuesday. Currently there are 10 analysts who rate Humana a buy, 1 analyst rates it a sell, and 8 rate it a hold.

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

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

If you are interested in one of these 3 stocks, 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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