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Bullboard - Stock Discussion Forum Jamieson Wellness Inc T.JWEL

Alternate Symbol(s):  JWLLF

Jamieson Wellness Inc. is a Canada-based company, which is principally engaged in the manufacturing, development, distribution, sales and marketing of branded and customer branded health products for humans, including vitamins, herbal and mineral nutritional supplements. The Company’s Jamieson brand is available in more than 45 countries globally. It also offers a variety of vitamins, minerals... see more

TSX:JWEL - Post Discussion

Jamieson Wellness Inc > Motley Fool Top Picks for 2021
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Post by retiredcf on Jan 24, 2021 8:22am

Motley Fool Top Picks for 2021

We asked our Foolish writers for their top ideas for 2021 – here are their choices:

Ambrose O’Callaghan: Jamieson Wellness Inc.

My top stock for 2021 is Jamieson Wellness (TSX:JWEL). The company is a Toronto-based developer, manufacturer, distributor, and marketer of natural health products in Canada and around the world. Jamieson is one of those rare companies that have thrived during the COVID-19 pandemic. Health conscientiousness has increased around the world, boosting demand for natural health products and supplements.

In the year-to-date period as of Q3 2020, Jamieson had delivered adjusted earnings of $30.3 million compared to $23.8 million in 2019. Jamieson posted 82% growth in its international business in that third quarter. Aging demographics and a shifted health consciousness following the pandemic should bode well for Jamieson. I’m stashing this exciting stock for the long term in 2021.

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