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Key Topics Covered in the Video:
- We’ve had great success in health care picking some quality Australian companies
- $CSL dominates with a market cap of $138billion but the sector thrives in small caps
Key Topics Covered in the Video:
Austco is an international provider of healthcare communication and clinical workflow management solutions. It pays dividends.
Paragon Care is a leading provider of medical equipment, devices and consumables for the Australian and New Zealand.
Beamtree is a leading provider of health AI technology software and services in Australia and is expanding its reach globally. It has over 180 clients in more than 25 countries.
There are 167 companies in health care. Equipment and services is one sector but we prefer hunting for game changing stocks in the pharmaceuticals, biotechnology and life sciences. Australians are particularly skilled in this sector. Think how cochlear implants have transformed people’s lives!
1. | ASX:CSL | CSL Limited | 138.8B | 282 | .63 | |
2. | ASX:RMD | ResMed Inc | 23.31B | 37 | .44 | |
3. | ASX:PME | Pro Medicus Limited | 21.38B | 202 | .39 | |
4. | ASX:FPH | Fisher & Paykel Healthcare Corporation Limited | 20.05B | 33 | .48 | |
5. | ASX:COH | Cochlear Limited | 19.6B | 296 | .72 |
Med-tech stocks and biotech stocks can be the same, but generally medical technology refers to companies that produce instruments, while biotechnology refers to drugs that metabolise within the body.
At the med-tech and biotech end there are huge risks relating to regulatory approval. There are risks even with the big names in the sector, like CSL when it comes to generic competition and product supply.
Hospital operators have big costs to contend with, which include labour and products.
Health has a notoriously long lead time to product approvals and sales turnaround.
E-health stocks are those that offer software and hardware solutions to improving the flow of information around medical centres and hospitals. Nurse call software is one example, but also auditing of hospital data and imaging solutions.
Founded in 2011.
Average return on all 300 Small Caps
Stocks Taken Over