3 Canadian Healthcare Stocks With Up To 30% Revenue Growth

Detailed summary

Wholesale inflation in the United States is running at a 6.5% annual rate, according to the latest producer price data, and central bankers keep saying policy will follow…

Wholesale inflation in the United States is running at a 6.5% annual rate, according to the latest producer price data, and central bankers keep saying policy will follow inflation. That kind of backdrop often pushes investors toward essential services. Healthcare in Canada fits that description. This article walks through three high quality Canadian healthcare stocks from our curated list to help you assess potential opportunities.

The three Canadian healthcare stocks covered next are just a sample, and the wider screen surfaced 1 more company with an equally interesting story that is not included here.

To size up the broader opportunity set, head straight to the Best Healthcare Stocks screener to identify, filter, and analyze the highest conviction healthcare ideas for your watchlist.

Happy Belly Food Group is a multi-brand restaurant operator that buys and scales emerging food concepts across Canada. Quick service outlets generate about CA$26 million of its roughly CA$28 million in revenue, with consumer packaged foods adding around CA$0.5 million, and the market values the group at about CA$241 million.

Happy Belly Food Group gives this healthcare screen a twist, because its Heal Wellness franchise brings health focused quick service meals into a portfolio that still skews toward broader food and beverage concepts. Investors get a wellness themed brand that is expanding rapidly, wrapped inside a small cap restaurant platform where one unresolved pressure could have a big impact on future returns.

That kind of single pressure can reshape the whole thesis, so check the 2 key rewards and 1 important warning sign to see what is driving risk and upside potential next.

Aurora Cannabis runs a broad cannabis platform built around pharmaceutical grade medical products and patient support services, which ties it directly into the Best Healthcare Stocks theme.

For investors, what matters most is how one pressure point on future medical demand quietly shapes the value of all that…

Opening of the article, excerpted from Yahoo Finance. To read the rest, open the article on the publisher's site.