SPDR Select Sector Fund – Healt (NYSEARCA:XLV): Credit Suisse says Friday’s selloff in hospital and medical-device companies caused by fears about prepayment audits was an over reaction, and advises buying the whole space: Universal Health (NYSE:UHS), Tenet Healthcare (NYSE:THC), St. Jude Medical (NYSE:STJ), Health Management Associates (NYSE:HMA), Community Health (NYSE:CYH).

Here’s how all these stocks are trading on the news:

Universal Health Services Inc. (NYSE:UHS): UHS shares recently traded at $40.82, up $1.94, or 4.99%. They have traded in a 52-week range of $31.35 to $56.46. Volume today was 453,390 shares versus a 3-month average volume of 1,252,170 shares. The company’s trailing P/E is 11.85, while trailing earnings are $3.44 per share. Get the most recent company news and stock data here >>

Tenet Healthcare Corp. (NYSE:THC): THC shares recently traded at $4.75, up $0.57, or 13.64%. They have traded in a 52-week range of $3.46 to $7.70. Volume today was 4,808,553 shares versus a 3-month average volume of 10,828,600 shares. The company’s trailing P/E is 11.45, while trailing earnings are $0.42 per share. Get the most recent company news and stock data here >>

St. Jude Medical Inc. (NYSE:STJ): STJ shares recently traded at $37.20, up $1.37, or 3.82%. They have traded in a 52-week range of $33.54 to $54.18. Volume today was 4,222,900 shares versus a 3-month average volume of 4,013,850 shares. The company’s trailing P/E is 13.53, while trailing earnings are $2.75 per share. Get the most recent company news and stock data here >>

Health Management Associates Inc. (NYSE:HMA): HMA shares recently traded at $7.91, up $0.44, or 5.89%. They have traded in a 52-week range of $6.06 to $11.74. Volume today was 2,364,702 shares versus a 3-month average volume of 3,500,230 shares. The company’s trailing P/E is 11.41, while trailing earnings are $0.69 per share. Get the most recent company news and stock data here >>

Community Health Systems, Inc. (NYSE:CYH): CYH shares recently traded at $19.50, up $0.73, or 3.89%. They have traded in a 52-week range of $14.61 to $42.50. Volume today was 968,465 shares versus a 3-month average volume of 1,937,370 shares. The company’s trailing P/E is 7.42, while trailing earnings are $2.63 per share. Get the most recent company news and stock data here >>

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