Every day, the sun rises on Wall Street, and a plethora of professional analysts wake to issue new opinions on stocks. Here at the Fool, we use our "This Just In" column to examine some of these picks-- and the track records of the analysts behind them -- so individuals can make better investing decisions.
In addition to following professional banks, anyone can use Motley Fool CAPS to monitor the collective opinions of more than 140,000 members, many of whom demonstrate better investing insight than published analysts do.
After being rated at no better than a two-star rank for the past few years, enough top-performing CAPS members have turned bullish on Tenet Healthcare
Things are looking much better for Tenet today compared to where it stood only a few months ago. Business has been stronger than it expected lately and increased cost controls helped improve the company's third quarter, prompting it to raise its 2009 profit forecast. Tenet recently raised $335 million in a convertible preferred stock offering to pay down some debt, a move that encouraged Moody's to upgrade its outlook on Tenet to positive as it believes the transaction reduces some of its refinancing risk.
While the jury is still out on health-care reform, recent bills have stripped the public option but include proposals requiring every American to get health insurance. The prospect of millions of new customers has investors seeing more green for insurers such as Aetna
While stocks in other health-related sectors, like Bristol-Myers Squibb
Do you think Tenet Healthcare deserves its raised status? Add your thoughts in the comments box below on this page, or head over to CAPS to rate the company and check out all the information and opinions the community offers, absolutely free.
The Motley Fool Stock Advisor service looks for companies with strong management poised to beat the market over the long haul. To see all the stocks that have helped Tom and David Gardner beat the market by 48 points on average, take a free 30-day trial.