Tenet Healthcare: Strong EPS Growth, But Shares Near FV (Rating Downgrade)
THCTenet Health(THC) Seeking Alpha·2024-08-30 04:55

JHVEPhoto Health Care stocks have put on a show in recent months. While not in the limelight, the sector mixed with high-growth names and defensive equities has notched all-time highs, driven in large part by massive gains in pharma giant Eli Lilly (LLY). But smaller stocks within the broad sector have also been on the rise as the space has undergone changes post-COVID. I am downgrading Tenet Healthcare (NYSE:THC) from a buy to a hold, however. The No. 6-ranked out of 1034 members of the Health Care sector ...