CloudMD is the Telehealth stock you want to own amidst the competition
-Acquisitions slowed down financial figures and growth. Now it's finally coming together and the numbers are becoming less diluted. Positive adjusted EBITDA and continue organic growth.
-Strong investment in Mental Health sector. This is a no brainer with how the world operates around Social Media nowadays.
-Team of medical practitioners mixed with a team of financial and executive marketers and decision makers. There's a strong mix of entrepreneurship and with experience staff who've worked in the medical field.
-460 reviews on Google Play Store. Positive reviews of 4.6 stars. This shows how little people know about CloudMD. Wait till marketing picks up and the online business scales in due time like every other online business you know. This is the future and I wouldn't be surprised to see 5000+ reviews by next year. Scalability is insane with online businesses. This also goes with their marketing team who know that investing in marketing for online businesses is a must. Scalability is insane.
-Lots of criticism with Visionpros. How many people do you know in your entourage that doesn't need glasses? You'd be surprised by how many people actually wear contacts around you and you never knew about it. It's only going to increase in due time with increased demands to work at home and/or monitors. Increase attention span on phones and tablets with social media or Netflix. Wait till Metaverse stuff comes into real life, vision is going downhill for humanity. Besides, Visionpros was already making profits before the acquisition. This will only help increase volume...
-This business is geared and equipped to transition into the next "Age" for humanity. The Metaverse is coming and their executive client programs and offerings are able to cater to it.
-Telehealth is a sure thing just like everything in this world going digital or online. Convenience and experience triumph. I've used CloudMD personally 3 times now and my wife has used it twice! Local prescriptions and referrals were done in less than 5 minutes. I don't know when we will see our family doctor again... Services used in BC fyi.
-The other competition is either not solely focused on telehealth like Telus or Maple. Well Health is too focused on physical visits, clinics and dermatologist specializations. Digital platform and online services is what I believe in. Sure CloudMD has a few physical clinics too but not as much as the other competition.
-If you've owned CloudMD till now, it means you've held it through some of the past roller coaster rides. Exposure is coming and this will be part of my retirement funds. The current stock price and dullness reminded me of when AMD was at 1.50$ usd back in 2014-2015. People didn't know how great AMD products were unless they built computers with AMD instead of intel or other CPU parts. AMD was facing a lot of debt and diluted figures. I have the same feeling about CloudMD. The team has a vision, they're showing growth every quarter and they've made significant, but most importantly, strategic acquisitions.