3 Stocks Boosting The Health Services Industry Higher

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All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 59 points (-0.4%) at 16,657 as of Wednesday, May 14, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,380 issues advancing vs. 1,556 declining with 176 unchanged.

The Health Services industry currently sits down 0.3% versus the S&P 500, which is down 0.2%. A company within the industry that increased today was Grifols ( GRFS), up 0.9%. On the negative front, top decliners within the industry include Align Technology ( ALGN), down 1.9%, PerkinElmer ( PKI), down 1.6%, Agilent Technologies ( A), down 1.5% and Stryker Corporation ( SYK), down 0.6%.

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

3. Community Health Systems ( CYH) is one of the companies pushing the Health Services industry higher today. As of noon trading, Community Health Systems is up $0.60 (1.6%) to $38.30 on average volume. Thus far, 841,490 shares of Community Health Systems exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $37.66-$38.45 after having opened the day at $37.69 as compared to the previous trading day's close of $37.70.

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 care sector. Shares are down 4.0% year-to-date as of the close of trading on Tuesday. Currently there are 12 analysts who rate Community Health Systems a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Community Health Systems as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. Get the full Community Health Systems Ratings Report now.

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