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alpha62539
Apr 9, 2023 6:23 AM

THC set for a push up Long

Tenet Healthcare CorporationNYSE

Description

Great history of EPS and Revenue beats. EV/EBITDA 7x looks very attractive. Pick-up in the stock demand speaks for higher prices.
Comments
MrMonsterLLC
Looks interesting. Can I ask how you came on this idea? Most of the companies I turn up are based on earnings beats or volume spikes. What brought you to this stock? Was it the 2/9 earns
alpha62539
@MrMonsterLLC, I was impressed by the the earnings surprises and took the opportunity once it slid after the latest ER. I saw a forming consolidation and put an alert to buy into it in 3 steps. Have bought only 2 steps for now, waiting for another consolidation, if the price holds and breaks, then I would add another 1/3 and that`s it, waiting to hit the PT. I always look at fundamentals, don`t jump into a losing stock unless it announces something that it`s going to turn it profitable.
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