Larry Berman CFA, CMT, CTA
Global X Telemedicine & Digital Health ETF
EDOC-Q
BUY
Jan 04, 2021
The growth and adoption of these technologies have been breathtaking. We end up seeing massive speculation and they price in 3-5 years of really good earnings potential before settling back down. These thematic plays have priced in good news for the next couple years. At some point, earnings need to catch up to price where you could see it go sideways or pullback. This ETF would be a great way to play the new med-tech space.