ITC Holdings (ITC) Lower on Robbins Comments, Tenet Healthcare (THC) Higher
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Price: $90.13 -0.01%
Overall Analyst Rating:
NEUTRAL (
Up)
Dividend Yield: 1.7%
Revenue Growth %: +10.5%
Overall Analyst Rating:
NEUTRAL (
Up)Dividend Yield: 1.7%
Revenue Growth %: +10.5%
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ITC Holdings Corp. (NYSE: ITC) is ticking lower after Glenview's Larry Robbins said he is short the stock, saying utilities are overvalued. Comments were made at the Ira Sohn conference.
Robbins also said he is long healthcare stock and likes Tenet Healthcare Corp. (NYSE: THC), Health Management Associates Inc. (NYSE: HMA), HCA Holdings, Inc. (NYSE: HCA), Lifepoint Hospitals Inc. (Nasdaq: LPNT).
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Robbins also said he is long healthcare stock and likes Tenet Healthcare Corp. (NYSE: THC), Health Management Associates Inc. (NYSE: HMA), HCA Holdings, Inc. (NYSE: HCA), Lifepoint Hospitals Inc. (Nasdaq: LPNT).
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Glenview Capital Management, Ira Sohn
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