Spinoff best option for Tenet investors

TENET HEALTHCARE CORP. $21 (New York symbol THC; Consumer Sector; Shares outstanding: 103.4 million; Market cap: $2.2 billion; No dividend paid; Takeover Target Rating: Highest; www.tenethealth.com) is one of the largest for-profit hospital chains in the U.S. It operates 65 hospitals and 500 other health-care… Read More

Q: Pat: My ex-broker bought a large position in Cymbria for my portfolio. I am now managing my own investments and must decide whether to keep the stock or sell. I would appreciate your opinion on Cymbria. Thanks.

A: Cymbria Corp., $56.00, symbol CYB on Toronto (Shares outstanding: 22.6 million; Market cap: $1.3 billion; www.cymbria.com), is a closed-end fund that invests in a portfolio comprised largely of publicly traded stocks.

Separately, the fund owns 20.7% of EdgePoint Wealth Management, a private firm that sells… Read More