Ashleigh Rogers
Long/short equity, growth at reasonable price, value, banks

Tenet Healthcare Has A Lot Of Good News And Assumptions Priced In Here

When I last wrote about Tenet Healthcare (NYSE:THC) earlier this year, I noted that the delay of the two-midnight rule was a positive for the company but that management needed to do more to prove they were on the right track vis-a-via the underlying operational management of the firm. After several months, the stock had basically gone nowhere under a cloud of uncertainty and concern by investors surrounding the future of the healthcare industry. Then in the last month or so, the stock has rocketed higher by about 1/3. I'd love to be able to attribute this to THC's management doing a bang-up job and the market finding new faith in the firm as a result. Alas, I...

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