Conversion Labs: Telehealth Subscriptions
- Conversion Labs was highlighted in a bull call by Citron Research.
- The company is building a DTC health and wellness platform focused on subscription services.
- Q4 revenues surged 265% to $13.6 million.
- The stock is cheap compared to other telehealth brands trading at less than 5x EV/S multiples.
- This idea was discussed in more depth with members of my private investing community, Out Fox The Street. Get started today »
The telehealth space was hot in 2020 and Conversion Labs (CVLB) is playing perfectly into this trend. The company is quickly ramping up some new direct-to-consumer subscription services while building a telehealth platform for future products. The stock is appealing here after a notable firm made a bullish case on the stock.
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