from small cap network

Tenet Healthcare Corporation (NYSE:THC)

Predictable? Yeah, I know. That's ok though - the recovery the company is making is for real, whether it's been talked about too much or not. Analyst upgrades are starting to flow in as well, and we now know that hospitals like Tenet Healthcare Corporation aren't subject to payment cuts that are part of the discussion (and new bill) the Senate is batting around now. Tenet Healthcare can go right on beating EPS estimates, as it has for the last four quarters. (When will analysts figure it out?)

Chart-wise, THC has been getting hammered since October. Though it's fun to see rallies, in Tenet's case, I'm glad the chart got reigned in after a 500% run since March. The dip is a buying opportunity, and not a reflection of the THC's value. That said, I suggest waiting to buy Tenet Healthcare on the way up rather than on the way down. Timing is everything.