Bruce Campbell (2)
Skylight Health Group Inc.
SHG-X
TOP PICK
May 11, 2021
They operate a multi-state U.S. health network. They're building out brick and mortrar with telehealth and speciality services there. Customers typically go in for services, but insurance companies are looking at a membership model so customers pay a fee and get access to a full suite of products. SHG is growing by acquisition and organically. Strong balance sheet and they trades at a big discount to peers. Based on their guidance for next year and their peers trading at 12-15x revenues, SHG shares should be worth $3.25 or twice current prices. He really likes management which owns a lot of shares. They're planning a Nasdaq listing. (Analysts’ price target is $1.88)
They operate a multi-state U.S. health network. They're building out brick and mortrar with telehealth and speciality services there. Customers typically go in for services, but insurance companies are looking at a membership model so customers pay a fee and get access to a full suite of products. SHG is growing by acquisition and organically. Strong balance sheet and they trades at a big discount to peers. Based on their guidance for next year and their peers trading at 12-15x revenues, SHG shares should be worth $3.25 or twice current prices. He really likes management which owns a lot of shares. They're planning a Nasdaq listing. (Analysts’ price target is $1.88)