
Tenet Healthcare (THC) moved up 18 spots in Barchart’s Top 100 Stocks to Buy Monday. It now sits in 67th spot with a weighted alpha of 119.97, higher than its 106% return over the past 52 weeks.
Whenever the weighted alpha is higher than the 52-week return, it indicates that the stock is experiencing near-term momentum and could be ready for an extended run.