By Hassan
Malik
North
American healthcare stocks have been hot of late, so it’s not surprising that some
Canadian equities in this sector have outperformed the TSX. Today,
SmallCapPower has shortlisted three Canadian small caps in this space that have
outperformed the S&P TSX over the last year.
Patient Home Monitoring Corp. (TSXV:
PHM): PHM is a fast-growing, acquisition-oriented company that offers home-based
services for patients suffering from heart diseases and other chronic health
conditions. The company’s one-month share price performance is about 23%. Over
the past five days, its shares have gained nearly 10% and are currently 2.50%
off its 52-week high. PHM’s stock price has outperformed the S&P TSX by
507.81% during the last year.
Nobilis Health Corp. (TSX:
DR): Nobilis focuses on the development and management of ambulatory
surgical centers, with the mission of providing superior medical care, increasing
patient satisfaction, and lowering costs for healthcare delivery. The company’s
one-month share price performance is 18.72%. Over the last five days, shares of
the company have gained 1.11%, and 82% year to date. As well, its stock price has
outperformed the S&P TSX by 496.99% during the past year.
DMD Digital Health Connection Group (TSX:
RLC): DMD Digital Health Connection enables pharmaceutical firms and
medical device companies to effectively reach, message, connect and interact
with U.S. based healthcare professionals via multiple access channels. Top
pharmaceutical companies, agencies and respected healthcare organizations have
adopted DMD’s solutions to target, engage and interact with healthcare
practitioners. DMD’s one-month price performance is 26.67%, while its shares
have gained 58.33% over the last year. In addition, its stock price has outperformed
the S&P TSX by 371.04% over the past 52 weeks.
Disclaimer: This article was posted with
the permission of a third-party contributor and the opinions contained
therein do not necessarily reflect those of SmallCapPower. SmallCapPower
does not endorse any investment advice provided by these third-party
contributors.
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