Hi everyone,
Earlier today, a company we have a position in reported some positive news, and we think it’s worth sharing.
WELL Health Technologies (ticker: $WELL.TO on TSX, or
$WHTCF on the US market), came out with preliminary earnings numbers that should impress most people.
These numbers suggest triple-digit revenue growth and elevated profitability.
Top analysts are also bullish on this stock, and according to data from
TipRanks, retail investors that share their portfolios on TipRanks are unenthused overall about the stock. However, this is probably a good thing because you should generally do the opposite of what retail investors do.
Poor investor sentiment is what creates opportunities to buy high-quality companies 66% off their all-time highs:
We wrote a news piece on WELL Health’s solid preliminary results (not a full-on analysis article). You can read our full (but brief) news article by
CLICKING HEREWe will most likely write a more in-depth analysis article on WELL Health after they report Q2 earnings, so stay tuned. But until then, we thought we’d share this positive news that we believe presents a great buying opportunity for the long term.
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HERE, and thanks for reading!