November 07, 2012 at 19:01 PM EST
Hospital Operators Score New Highs
The number of new 52-week highs greatly shrank Wednesday as the market took a beating. But hospital stocks bucked the sell-off as President Obama's victory marked a victory for the Affordable Care Act and companies that stand to benefit from it. It's expected that with more Americans insured, hospital operators will treat fewer patients that can't pay their bills. Tenet Healthcare (THC) jumped to its best levels since April 2011 on a double dose
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