Premier Health of America Inc V.PHA

Just a prediction

[Torontojay]

It is my opinion, that if a recession lands in the early part of 2023 (this is my base case) then more money will begin to flow into sectors that are not as impacted by the recession. For instance, health care stocks.  The markets will bottom after the health sector finds its bottom. Even if by miracle, we avoid a recession, I have no doubt that 2023 will be a challenging year for companies and people will flock to stable healthcare services. 

This is my opinion only, but I think the stock market will reach a new low in the second half of 2023. This will probably be a good time to add to your portfolio. Be patient in this environment and you will be rewarded. 

Long Premier Health of America

[colourama]

Agreed on your points Torontojay. Today is also the first day of the NCIB, and I see that Acumen was on the buy earlier for 9000 shares. I don't know if that is the share buyback, but if it is the case this is good to see (even if a modest amount). I've been adding especially with the dip to the low 30's.