Looking for a contrarian investing idea? Well, if you are, you might be interested to know of the extremely positive news coverage for Community Health Systems, Inc. (NYSE:CYH), especially when compared to other companies in the Hospitals industry.
Herd Behavior: The Significance of Extreme Investor Sentiment
Overwhelming consensus on a company can drive stock prices beyond their true fundamental value--understating or overstating inherent risks. These mispricings often present an opportunity for investors willing to go against conventional wisdom.
This is why we built Contextuall's sentiment technology.
By detecting herd behavior for specific stocks and industries, our users can lower their risk, and perhaps even profit, from the one-sided groupthink of others.
Sentiment Stats: Community Health Systems, Inc. (CYH) Compared to the Hospitals Industry
5.0% of headlines have been classified as Negative (vs. an industry average of 13.06%).
Considering the extreme optimism behind the stock, and our note on herd behavior, what do you think of the stock's outlook? Have investors become too bullish?
Send us your comments and your thoughts on the outlook for the company.
Visualizing News Sentiment Trends For Other Companies
You can click on the chart below to explore sentiment trends for other major companies, where each dot represents a clickable link to a company page (hover over any dot for summary info).
Positive sentiment percentages are plotted on the vertical axis, while negative sentiment percentages are plotted on the horizontal axis.
In other words, companies in the top left have more optimistic news sentiment than companies in the bottom right.