Good SummaryCloudMD is a healthcare operator and technology developer, which generates sales from digital services, enterprise health solutions, hybrid primary care clinics, and pharmacy networks. It has a wide range of products and services, ranging from brick-and-mortar medical clinics to a direct-to-consumer telemedicine platform connecting patients to physicians. DOC has been witnessing significant growth over the past few years, has been increasing its cash balance, completing acquisitions, and improving its margins. Over the past few years, the company has yet to make a profit, although it has been seeing large growth and relatively low debt balances. Currently, DOC is focused on increasing growth and executing acquisitions, so we would not be overly concerned with the losses incurred by the company. Acknowledging that the company is small (~$367M market cap), is not profitable, and is relatively new, we would be comfortable owning this stock with a small position.
Provided by 5iResearch late last week. GLTA