Skylight Health Group Inc SLHGF

Skylight Health Group - Long-term healthcare hold

[ProfPennyPinch]

 

Skylight Health Group is up 21% since the dip 2 days ago. The stock is coming out of a double bottom and is holding steady up 1.60% today ($1.27 at time of post). Skylight currently has operations spanning 16 states with over 155,000 patients. Their clinic acquisition strategy has proven to be very successful with the recent acquisitions of many clinics and health practices across the US.

 

Revenues are expected to reach $55M with a $5.5M EBITDA with no long-term debt and a cash balance of $10M. The financials are steady and the profits are beginning to roll in for investors and the company alike. In my opinion, $SHG is a solid long-term equity to keep in your portfolio. I believe that the stock is worth $1.50+ and I will be adding more to my position during the stock dips

 

They were also featured as one of the next super stocks by the Wall Street Reporter which they are presenting today.

https://ca.finance.yahoo.com/news/next-super-stocks-addressing-multi-145100331.html