Near-term ideas in the healthcare sector
Morgans Financial Limited
Aged care operator, Estia Health, had a significant downgrade last week, Japara & Regis were also sold off, but have since recovered. The downgrade put some negative sentiment over the sector. Cuts to government spending in the long-term will hang over the sector for a while, but most of this is priced in for Japara and Regis, who are our preferred operators. We're maintaining our Add recommendation, with 5-10% upside expected in the short-term as the noise dissipates. Watch the full video below for our view on Volpara Health Technologies, Impedimed, and Reva Medical.
5 stocks mentioned
Morgans is Australia's largest national full-service retail stockbroking and wealth management network with over 240,000 client accounts, 500 authorised representatives and 950 employees operating from offices in all states and territories.
Morgans is Australia's largest national full-service retail stockbroking and wealth management network with over 240,000 client accounts, 500 authorised representatives and 950 employees operating from offices in all states and territories.