Q: Good morning guys :
Do u agree with Mr donvilles assessment for this this name as potentially being the next great growth stock . Would u buy here at its current price and throw it in a tfsa for many years .
Thx
Mark
Do u agree with Mr donvilles assessment for this this name as potentially being the next great growth stock . Would u buy here at its current price and throw it in a tfsa for many years .
Thx
Mark
5i Research Answer:
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.