Medical information systems is shaping up to be a leading and outperforming sector. You can check sector performance on Barchart or any other website of your choice. MRGE – Healthcare is my favourite stock pick in that sector. Here are the reasons why I think it is a good choice.
- Proven and highly successful management backed by Merrick Ventures has taken over.
- They recently announced the following news: Merge Healthcare partners with China’s Largest domestic Health IT provider. Here’s another article I’ve written about MRGE – Merge Healthcare.
Does this ring a bell? It is the same rationale I applied to FEED – AgFeed Industries when I traded it. Odds are clearly in your favour. This is simply another combination of two great investment themes: China and Healthcare. Not much more you could ask for. Technical analysis is flashing buy signals as well. High volume surge with an ensuing tight consolidation on lower volume. This is a picture perfect high potential stock with great odds for an explosive breakout to the upside.
Have a great evening!
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