Thoughts on Savaria or other related Healthcare stocks

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Considering a long term hold on healthcare stocks with the rise in aging population and retirement of boomers. What does Stocktrades think of Savaria or is there other healthcare related stocks you prefer more for young investors?

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Asked on February 17, 2021 11:26 am
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Private answer

We like Savaria as a long term growth play.

In fact, Mat and I both own it, and it was a Bull List pick back in early 2019. It was removed at the end of the year in 2019,

The stock frustrated me for a long time with share offerings and just lackluster performance, but I do believe in the long term prospects so I held on. The acquisition of Handicare Group 3 weeks ago really boosted my confidence.

I like the long term prospects of the company when it comes to an aging population. I've got no plans to sell!

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Posted by Dan Kent
Answered on February 17, 2021 1:06 pm