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Nvidia Defines Market Appetite for Healthcare and A.I. for HEALWELL

An Emerging Markets Sponsored Commentary

ORLANDO, Fla., April 09, 2024 (GLOBE NEWSWIRE) -- For some time now the market has been in love with Nvidia (NVDA), the behemoth stock which has been to say the least, a bell cow for the market. And while we don’t discuss actual share prices in our pages, preferring to focus instead on the items that historically drive favorable valuations, Nvidia’s price appreciation has been remarkable and is, powered by their revenue growth and the public’s attraction to Artificial Intelligence technology.

It's that last line that we covet in all the companies we’re asked to cover. The algorithm is simple:

Hot Market + Performance = Favorable Valuations.

And we believe that the intersection of Health Care and Artificial Intelligence is the first half of that formula.

It appears Nvidia does too. Check out this simple declaration from their corporate site:

Healthcare demands new computing paradigms to meet the need for personalized medicine, next-generation clinics, enhanced quality of care, and breakthroughs in biomedical research to treat disease. With NVIDIA, healthcare institutions can harness the power of AI and high-performance computing (HPC) to define the future of medicine.

Enter HEALWELL AI Inc. (“HEALWELL” or the “Company”) (TSX: AIDX) (OTCQX: HWAIF), a healthcare technology company focused on AI and data science for preventative care whose mission is to improve health care and save lives through early identification and detection of disease. HEALWELL is a physician-led organization with a proven management team of experienced executives and is executing a strategy centered around developing and acquiring technology and clinical sciences capabilities that complement the Company's road map.

Obviously there is a massive difference in the size of these two equities with similar interests in leveraging A.I. to improve human health care outcomes. But there is also a vast difference between HEALWELL and a slate of A.I. companies who will never earn a buck, who are chasing A.I. market sympathy or hoping that their tech is someday marketable and sellable.

It is worth noting that HEALWELL posted revenue of $2.8 million from continuing operations in Q3-2023.

Sure, that rev number is Nvidia’s proverbial bar bill but it’s still a massive number for a Company at HEALWELL’S station in the market and for a company still widely unknown by the market at large.