A Top Healthcare Stock... Well!!!Another unbelievably discounted stock that investors should consider is WELL Health Technologies (TSX:WELL). WELL is one of the best stocks to buy now due to its incredible potential over the coming years and just how cheap it’s gotten over the last year.
Not only does WELL have a portfolio of digital health apps and telehealth businesses, but it also owns over 70 physical outpatient clinics, making it the largest owner/operator of outpatient clinics in the country.
And considering that WELL has sold off by almost 70% over the last 18 months, it offers an unbelievable bargain and is one of the best stocks you can buy now.
As of Friday’s close, WELL was trading at an EV-to-revenue ratio of just 1.6 times, easily the lowest it’s been since being upgraded to the TSX. Furthermore, it’s also well off its three-year average of six times.
If you’re looking for high-quality stocks to buy now, WELL currently trades at just $2.68, and its average analyst target price is $8.57 — a more than 200% premium to where it trades today.