3 Stocks Underperforming Today In The Health Services Industry

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 up today with the Dow Jones Industrial Average ( ^DJI) trading up 22 points (0.1%) at 16,756 as of Friday, June 13, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,558 issues advancing vs. 1,369 declining with 183 unchanged.

The Health Services industry currently sits down 0.3% versus the S&P 500, which is up 0.2%. On the negative front, top decliners within the industry include WuXi PharmaTech (Cayman ( WX), down 4.6%, Bruker ( BRKR), down 1.9%, Grifols ( GRFS), down 1.1%, CR Bard ( BCR), down 1.0% and Smith & Nephew ( SNN), down 0.9%. A company within the industry that increased today was Waters ( WAT), up 0.6%.

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

3. Tenet Healthcare ( THC) is one of the companies pushing the Health Services industry lower today. As of noon trading, Tenet Healthcare is down $0.85 (-1.8%) to $46.92 on light volume. Thus far, 623,437 shares of Tenet Healthcare exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $46.83-$47.86 after having opened the day at $47.72 as compared to the previous trading day's close of $47.77.

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 $4.7 billion and is part of the health care sector. Shares are up 13.4% year-to-date as of the close of trading on Thursday. Currently there are 7 analysts that 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. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations and increase in net income. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk, disappointing return on equity and poor profit margins. Get the full Tenet Healthcare Ratings Report now.

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2. As of noon trading, Edwards Lifesciences ( EW) is down $0.82 (-1.0%) to $79.07 on average volume. Thus far, 506,033 shares of Edwards Lifesciences exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $79.05-$80.16 after having opened the day at $80.07 as compared to the previous trading day's close of $79.89.

Edwards Lifesciences Corporation provides products and technologies to treat structural heart disease and critically ill patients worldwide. Edwards Lifesciences has a market cap of $8.7 billion and is part of the health care sector. Shares are up 21.5% year-to-date as of the close of trading on Thursday. Currently there are 10 analysts that rate Edwards Lifesciences a buy, no analysts rate it a sell, and 5 rate it a hold.

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

STOCKS TO BUY: 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, UnitedHealth Group ( UNH) is down $0.62 (-0.8%) to $78.82 on light volume. Thus far, 894,043 shares of UnitedHealth Group exchanged hands as compared to its average daily volume of 4.5 million shares. The stock has ranged in price between $78.60-$79.37 after having opened the day at $79.34 as compared to the previous trading day's close of $79.44.

UnitedHealth Group Incorporated operates as a diversified health and well-being company in the United States. UnitedHealth Group has a market cap of $78.6 billion and is part of the health care sector. Shares are up 5.5% year-to-date as of the close of trading on Thursday. Currently there are 15 analysts that rate UnitedHealth Group a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates UnitedHealth Group as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, notable return on equity, 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. Get the full UnitedHealth Group Ratings Report now.

STOCKS TO BUY: 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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