Posts Tagged ‘CYH’

  • Follow-Up on Community Health Systems
    , March 6th, 2012 at 4:48 pm

    Last month, I tweeted:

    $CYH is looking very attractive here at $20. Earnings due out on Feb 21. $$

    So far, I’m looking pretty smart. CYH is Community Health Systems. At the time, the stock was at $19.85.

    The earnings report I mentioned turned out to be good. Community Health earned 85 cents per share, two cents more than estimates.

    The stock did very well after the earnings report. Last week, CYH got as high as $25.74. It pulled back today and closed at $23.30. That’s 6.5 times this year’s earnings estimate.