great article on CloudMD from SmallCapInvestor - $2.47 PThttps://www.smallcapinvestor.ca/post/cloudmd-tsxv-doc-otc-docrf-the-future-of-telemedicine CONVICTION BUY ALERT on CloudMD Software and Services (TSXV:DOC)(OTC:DOCRF)
We are alerting subscribers of our CONVICTION BUY on CloudMD citing a major growth opportunity in the telehealth sector and an undervaluation relative to peers. Since the rise of COVID-19, the demand for telehealth and virtual care has increased rapidly. CloudMD is leveraging the power of technology in an attempt to streamline and enhance the overall medical clinic experience for healthcare patients in North America.
Being an early mover in the largely untapped telehealth sector, we believe the company should be able to capture a significant share of the market via its cash position and inorganic growth strategy.
We believe that CloudMD’s stock price will converge with our relative valuation of $2.47 per share over the long term, offering a +174.4% upside for investors.