35 Non-Tech AI Opportunities Amid DeepSeek Selloff

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5. Tenet Healthcare Corporation (NYSE:THC)

Number of Hedge Fund Holders: 66      

Tenet Healthcare Corporation (NYSE:THC) operates as a diversified healthcare services company in the United States. There are several factors that contribute to making this company a rewarding investment opportunity. The most compelling aspect is the company’s strong financial performance driven by strategic asset management through hospital divestitures. For instance, net income available to common shareholders in the third quarter of 2024 was $472 million, or $4.89 per diluted share, including an after-tax gain of $209 million, or $2.16 per diluted share, primarily associated with previously announced hospital divestitures. Moreover, the company’s partnership with Commure to deploy an AI-powered scribe across its employed physician network, Tenet Physician Resources, has caught the attention of investors. This AI platform is designed to automate clinical documentation, which would reduce administrative burdens on healthcare providers and enhance patient care.

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