1 Energy Stock Warren Buffett Is Buying Hand Over Fist
Warren Buffett resumes building a stake in Occidental Petroleum. Plus, earnings reports have prompted some insider buying this past week.
Headquartered in Franklin, TN Fiscal year ends December NYSE: CYH chs.net
Community Health Systems, Inc. (NYSE: CYH) is one of the largest healthcare companies in the United States. Through its subsidiaries, the company owns or leases 60 affiliated hospitals with more than 8,000 beds and operates more than 800 sites of care across 32 distinct markets in 12 states. Its healthcare delivery network includes physician practices, urgent care centers, freestanding emergency departments, occupational medicine clinics, imaging centers, cancer centers, and ambulatory surgery centers. The company generates roughly half its revenues from inpatient services and half from outpatient services. CYH has been actively streamlining its portfolio through hospital divestitures while investing in same-store growth, clinical quality improvements, and technology modernization initiatives. Updated
Warren Buffett resumes building a stake in Occidental Petroleum. Plus, earnings reports have prompted some insider buying this past week.
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Community Health Systems is looking and acting like it is an implosion waiting to happen. The company has projected a loss for its third-quarter earnings report.
Community Health Systems, Inc. (NYSE: CYH) is one of the largest healthcare companies in the United States. Through its subsidiaries, the company owns or leases 60 affiliated hospitals with more than 8,000 beds and operates more than 800 sites of care across 32 distinct markets in 12 states.
The Wall Street consensus 12-month price target for CYH is $3.16.