Well health and Cloud MD

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Hey, I made good money in 2020 with Well Health and Cloud MD stocks. I bought quite a bit in 2021 but stocks have slumped down last year. When do you think will these stocks go up? I have a major expense coming in 2024 for which I will have to liquidate my stocks. Should I hold on till 2024?
Thanks

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Asked on January 6, 2022 10:13 pm
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Hey there. It wasn't just unique to the telehealth sector. Growth stocks across the board got hammered very hard in 2021.

We still believe in the long term prospects of both companies. I just own WELL, but Mat owns both WELL and DOC. We both have zero plans to sell.

However, the market could stay rough for a while. We expect big volatility in the growth market as there as been somewhat of a rotation to value/income plays due to rate fears and inflation fears. So for now, we're simply holding.

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Posted by Dan Kent
Answered on January 7, 2022 7:38 am