#5 - NantHealth (NASDAQ:NH)
NantHealth (NH) Year-to-Date gain: 180%
NantHealth (NASDAQ:NH) is an example of a company that was probably a little ahead of its time. The company has been on the vanguard of delivering personalized healthcare treatments. It uses technology to bring together patients, doctors, and insurers to develop optimized outcomes.
But a technologically forward company like NR is not resting on its laurels. NR announced earlier this year, that it was launching AI-based software that will be used to better diagnose lung cancer. But more importantly, it is selling its connected care business (which is getting crowded) so that it can focus on this new software diagnostic tool.
Many investors may think that all health care stocks are good investments at this point. That’s simply not the case. But for the long term, NantHealth appears to be occupying a space that will be growing as AI makes its way into the health care system.
The company has a market cap of just over $318 million and the stock has gained a whopping 180% in 2020. If you’re interest in investing in NH be advised that the company has not posted positive earnings since going public in 2016. The company has not been analyzed in 2020 but is currently well above its consensus price target of $1.
About NantHealth
NantHealth, Inc engages in the provision of enterprise solutions that help businesses transform complex data into actionable insights. It is also involved in marketing solutions as a comprehensive integrated solution that includes clinical decision support, payer engagement solutions, data analysis, and network monitoring and management.
Read More - Current Price
- $0.00
- Consensus Rating
- N/A
- Ratings Breakdown
- 0 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- N/A
