Post by
retiredcf on Mar 18, 2024 7:24am
Another Endorsement
Do you agree with Mr Donville's assessment that Vitalhub is potentially the next great growth stock? Would you buy it at its current price and throw it in a TFSA for many years?
VHI develops mission-critical technology solutions for Health and Human Services providers in the mental health, long-term care, home health, community and social services, and acute care sectors. Sales, margins, and free cash flow have been growing nicely due to the expansion of its healthcare product portfolio, and further integrations into healthcare networks. It has been fairly acquisitive over the years and recently acquired BookWise solutions. We agree that this is an interesting name in the Canadian markets, and while it is a small name ($295.9M market cap), its growth has been great, fundamentals are growing, and we would be comfortable with a position here, while being mindful of its small size and position sizing. (5iResearch)