Millionaire-Maker Stocks for Risk-Tolerant Investors
This stock/company is not getting the notice it deserves. Below is an article by the Motley Fool last month. With so much trash in the OTC, this is one of the few gems with strong fundamentals and trading around 2x earnings.
by Adam Othman 2021-12-02, The Motley Fool
Not all risky investments are equally rewarding, but the “more-risk-more-reward” ideology still holds. That’s why a healthy risk appetite is crucial for an investor’s success. But you can mitigate the risks and still get a lot of the upside by choosing the right stocks at the right time. And with the right amount of capital, these stocks may have the potential to make you a millionaire, given enough time (and the right circumstances).
Provided by The Motley Fool
A promising company
CloudMD Software (TSXV:DOC) offers an overlap of health and tech. While telemedicine is not a unique concept, it’s still being refined for the internet, and several advances in technologies are bringing us closer to a future where “remote healthcare” will be the norm. CloudMD can be huge in that future, and for now, it’s available at a fraction of the cost it might actually be worth someday.
The stock did rise quite strongly in its early days, that is, from its inception to its 2021 peak, but that might have been due to the general optimism about the tech sector and not the fundamental strength of the company itself. Still, the company has made great strides toward growing its healthcare network and already has about 22,000 family doctors and 34,000 specialists connected to the network.
