Community Health Systems Inc (CYH): Today's Featured Health Care 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.

Community Health Systems ( CYH) pushed the Health Care sector higher today making it today's featured health care winner. The sector as a whole closed the day down 2.5%. By the end of trading, Community Health Systems rose $2.47 (6.6%) to $39.92 on heavy volume. Throughout the day, 2,690,357 shares of Community Health Systems exchanged hands as compared to its average daily volume of 1,741,700 shares. The stock ranged in a price between $37.85-$40.08 after having opened the day at $38.01 as compared to the previous trading day's close of $37.45. Other companies within the Health Care sector that increased today were: Prestige Brands Holdings ( PBH), up 18.1%, China Pharma ( CPHI), up 14.6%, Healthways ( HWAY), up 12.9% and Tenet Healthcare ( THC), up 9.1%.

Community Health Systems, Inc., together with its subsidiaries, provides general and specialized hospital healthcare services to patients in the United States. Community Health Systems has a market cap of $4.3 billion and is part of the health services industry. Shares are down 4.6% year to date as of the close of trading on Thursday. Currently there are 12 analysts that rate Community Health Systems a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Community Health Systems as a buy. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, Cytokinetics ( CYTK), down 64.7%, Aoxing Pharmaceutical ( AXN), down 12.0%, Egalet ( EGLT), down 11.1% and Ironwood Pharmaceuticals ( IRWD), down 11.1% , were all laggards within the health care sector with Jazz Pharmaceuticals ( JAZZ) being today's health care sector laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the health care sector could consider Health Care Select Sector SPDR ( XLV) while those bearish on the health care sector could consider ProShares Ultra Short Health Care ( RXD).

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