The Relative Strength (RS) Rating for Tenet Healthcare jumped into a new percentile Friday, as it got a lift from 70 to 73.
This exclusive rating from Investor's Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the trailing 52 weeks stacks up against all the other stocks in our database.
History shows that the market's biggest winners tend to have an 80 or higher RS Rating in the early stages of their moves. See if Tenet Healthcare can continue to show renewed price strength and hit that benchmark.
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While the stock is not near an ideal buy zone right now, see if it is able to form and break out from a proper base.
Earnings grew 103% last quarter, up from 60% in the prior report. Revenue also increased, from 0% to 1%.
Tenet Healthcare earns the No. 1 rank among its peers in the Medical-Hospitals industry group. Select Medical Holdings and Ardent Health Partners are also among the group's highest-rated stocks.
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