On Friday, Tenet Healthcare received an upgrade to its Relative Strength (RS) Rating, from 67 to 72.
This exclusive rating from Investor's Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the last 52 weeks compares to all the other stocks in our database.
Over 100 years of market history shows that the market's biggest winners often have an RS Rating north of 80 as they begin their biggest climbs. See if Tenet Healthcare can continue to rebound and hit that benchmark.
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Tenet Healthcare is working on a consolidation with a 171.20 entry. See if the stock can break out in volume at least 40% above average.
Tenet Healthcare reported 28% earnings growth in the latest quarterly report, while sales growth came in at -6%. Keep an eye out for the company's next round of numbers on or around Apr. 16.
Tenet Healthcare holds the No. 1 rank among its peers in the Medical-Hospitals industry group. Universal Health Cl B and Nutex Health are also among the group's highest-rated stocks.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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