Well.to

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Hi there, I recently initiated a position on this stock (just before earnings were released last week). Do you think it will continue to grow?

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Asked on August 18, 2020 11:52 am
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Thanks Dan , much appreciated.

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Posted by Ian McHardy
Answered on August 18, 2020 7:58 pm
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We like WELL. With the aggressive moves to telehealth, they definitely are one of the market leaders.

Aggressive acquisitions have fueled growth as of late, and will probably continue to do so. Analysts figure 34% revenue growth through this year, and potentially 80%+ growth next year.

It's pricey right now however, so I would expect some volatility moving forward. This is a stock that is riding a TON of momentum, and could face some pretty swift corrections and subsequent upswings.

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Posted by Dan Kent
Answered on August 18, 2020 2:46 pm