The imminent Medibank IPO is drawing attention to all things medical. Unfortunately if you haven’t made an application by now, you may have missed out on an allocation as the retail offer closed on Friday. But that may not be such a bad thing. Check out Paul Rickard’s view on the IPO on Switzer Daily here.
But if you’re looking for other healthy stocks, you might want to look at some of the “young and upcoming stocks” and Rudi Filapek-Vandyck suggested – Nanosonics (NAN), Promedicus (PME) and Simavita (SVA) on Switzer TV during the week.
Rudi says Promedicus is essentially a software company, which happens to be in the healthcare sector. It’s a company that enables large MRI files to be shared amongst medical practitioners.