Good Care Investment

With Dow falling almost 300 points and Nasdaq falling 2.5% in a single day, it looked as if there there is no safe heaven for investment besides bond market or CDs. However there is a group of stocks which surprisingly gained quite a bit today. This winning group is the hospital industry which gained 0.73% today - a relatively good number considering industry like recreational goods fall 7.18%.

So the noticeable winners in the hospital industry are:

• Tenet Healthcare Corp. (THC): shares of the general hospitals operator gained 3.26% to $4.44 per share on analyst upgrade and got a target price of $6.
• Health Management Associates Inc. (HMA): the Florida based company owned 59 hospitals in 15 states. Although the stock gained 1.68% to $5.44 per share, it is still at trading at multi-year low.
• Rehabcare Group Inc. (RHB): the rehabilitation program services provider gained 1.28% to $24.51 per share. The stock has been doing well since late last year on bullish earning result in the third quarter.
• MedCath Corp. (MDTH): the North Carolina based company operates 10 hospitals in 8 states as well as 25 cardiac diagnostic and therapeutic facilities. The stock was up 0.73% to $23.31 per share which is still close to its 52 weeks low.
• Universal Health Services Inc. (UHS): the company operated 31 acute care hospitals and 110 behavioral health centers in 32 states, as well as 12 surgical hospitals, and surgery and radiation oncology centers in 6 states. The stock was up 0.6% to $48.47 per share but is still not from the 52 weeks low.
• Lifepoint Hospitals Inc. (LPNT): the 10 year old healthcare company operates 50 hospitals in 19 different states. Shares were up 0.54% to $27.97, only 60 cents higher than its 52 weeks low.