Q: hi folks, thoughts on Healwell aidx/t....know it is speculative & small....but on nice roll and besides Q3 results, announced that their Pentavere received USA award for best digital health startup, for its contributions in A.I. for life sciences industry....hold position, Would U rate Buy/Hold/Sell....thx jb
5i Research Answer:
We think it could be worth a speculative add but in a small position size to see how it performs over a year. It has started to generate revenue which is expected to significantly ramp up over the next few years. It also plays into some of the AI and healthcare trends. Understanding that there are risks associated with size, no cash flows, and unprofitablity we think it is a high risk, speculative play. WELL owns 14% of the company and its backing gives us a bit of a higher comfort level.