THC: Adding Tenet Healthcare to Investing Ideas (Long Side)

03/25/19 10:46AM EDT

Below is a note written by CEO Keith McCullough on why we're adding Tenet Healthcare (THC) to the long side of Investing Ideas today:

Looking for longs that are A) selling off to the low-end of my @Hedgeye Risk Range on B) #decelerating volume? 

Tenet Healthcare (THC) fits that profile and remains one of Tom Tobin's Best Ideas (Institutional Research product); 

Here's a summary excerpt from one of Tom's recent research notes on why:

"Our THC long thesis continues to call for accelerating volume, in a macro environment that favors domestic health care services exposure. We also like the mix of Ambulatory, particularly USPI, given the positive policy tailwinds."

Buy on red,

KM
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