Have investors missed the boat on lucrative growth opportunities? In 2020, growth stocks like
WELL Health Technologies(TSX:WELL) delivered extraordinary returns. This year, the stock market is much more muted. Growth stocks have struggled, and even the reopening play seems to have tapped out.
It’s a different economic environment. But that doesn’t mean WELL Health stock and other long-term growth plays can’t deliver multi-bagger returns. Here are the top three reasons why I believe the WELL Health growth story is far from over.
Telehealth is here to stay
Some pandemic trends are here to stay. Telehealth, in my opinion, is one of them. Why would you give up the convenience of speaking with a medical professional remotely? Some medical conditions and emergencies certainly need physical attention, but for general advice and prescriptions, a quick text or video call should be enough.
From vineyards to berry farms and cattle and grain properties: meet the world’s billionaires who are spending up big on blue chip rural Australian real estate.
From vineyards to berry farms and cattle and grain properties: meet the world’s billionaires who are spending up big on blue chip rural Australian real estate.
They are the billionaires of the bush. The top-end-of-town men and women known more for their boardroom acumen, who are forging a very large stake in our prime agriculture real estate. And they are not all Australian. An investigation into farm ownership in Australia can reveal some of the world s richest business figures - from the high-rise offices of New York, Hong Kong, London and Shanghai - are digging deep into the pockets of their tailor-made suits to participate in a multi-billion dollar buy up of some of our most iconic properties. Fifteen of the richest investors have a combined wealth of more than A$185 billion. Leading the charge is Hong Kong s richest person, the 92-year-old Sir Li Ka-shing (net worth: $A44.82 billion), whose CK Life Sciences company has about $1 billion invested in Australian farmland, from vineyards to grain properties and berry farms.