Schaeffer's Top Stock Picks for '25

Healthcare Stock Pullback Presents Opportunity for Bulls

THC's recent rally hints at underlying technical strength

Apr 12, 2024 at 2:21 PM
facebook X logo linkedin


Subscribers to Schaeffer's Weekend Trader options recommendation service received this THC commentary on Sunday night, along with a detailed options trade recommendation -- including complete entry and exit parameters. Learn more about why Weekend Trader is one of our most popular options trading services.

The shares of Tenet Healthcare Corp (NYSE:THC) recently pulled back to their 25-day moving average, which has been supportive all 2024. The stock is trading above the round $100 level, which represents the $10 billion market cap, and now may be time to speculate with calls, as we anticipate this uptrend will continue.

THC rallied from early February into mid-March despite a 30% increase in short interest, hinting at its underlying technical strength. It would take shorts more than three days to cover their bets, at the equity's average pace of trading.

Our recommended June call has a leverage ratio of 6.2, and will double on a 16.2% jump in the underlying shares.
  
 
 

Which of These SUB-$5 Stocks Could 26x From Here? (AD)

He called a rare 11x on Tesla…

Then he called a 26x on Workhorse…

Then an even rarer 35x on Nio Inc…

Now Tim Bohen says these 5 tiny “America First” stocks are next up in 2025.

They’re trading for less than $5 right now.

But thanks to Elon & Trump’s new alliance…

They could be off to the races in Trump’s first 100 days.

And right now for a limited time…

You can get the names & tickers for just $1 here. (AD)

10 Stock Picks FREE
 
 

Featured Articles from Trusted Partners:

🚀 One Stock Pick Could Change Everything in 2025
What if one stock pick could define your success next year? Get 10 expert-vetted stocks set for 2025—plus 5 bonus picks to watch now. Get the Report →

🆕 New Options Need New Trading Strategies
Zero-DTE options are the newest (and hottest) options to trade.  Professional traders have rushed into the market and are making a mint.  Don’t get left behind - learn all about these options, how to trade them, market setups to profit from, plus much more. Download now →

👀 Revealed: 3 Defensive Stocks for Your Portfolio
Worried about the market? This free report reveals 3 under-the-radar defensive stocks for uncertain times in any kind of economy.

 

 
 

FREE Report Download

 

Follow us on X, Follow us on Twitter