Charles Mizrahi’s IoMT Stock – Claims Its Price Will “Skyrocket”

What The Heck Is IoMT?

If you watched Mizrahi's presentation then you already know what IoMT is. It stands for the Internet of Medical Things and this refers to all the collection of medical devices applications that connect healthcare IT systems.

Telehealth, wearable smart devices like vital monitors, a doctor performing remote surgery, etc. - these are the types of things included in IoMT. 

As Mizrahi mentioned, the industry is projected to soar to $534 billion over the coming 5 years, which is over 2,000% growth. There are lots of estimates out there and this seems to be on the higher side of the projection spectrum - Globe Newswire expects the market to reach $155.8 billion by 2027 for example - but there seems to be no stopping the growth and the reasons for this are simple: IoMT makes doctors more easily accessible by patients, it cuts down the cost of healthcare (will save the healthcare industry $300 billion a year in the US alone according to Goldman Sachs), and overall it makes things much more efficient. And with this increased efficiency millions of lives could be saved.

Not only was IoMT bound to be the future of healthcare regardless, but with COVID hitting and the use of televisits increasing because of it... this has acted as somewhat of a catalyst towards a more IoMT-dominant future.

And with this growing trend comes a great investment opportunity. And... of course... Mr. Mizrahi here has "uncovered the one company at the center of it all", which has products that he claims touch every single facet of your health. And best of all, he believes "the stock price of this company will skyrocket".

So without further ado, let's expose this IoMT company once and for all.

Mizrahi's IoMT Company Unvealed

Here are some of the better clues about the company that he gave us in the teaser presentation...

• It's a Missouri-based company
• It "has helped companies expand telehealth more than 100-fold in some cases" - helped the University of Missouri Health Care system incorporate telehealth
• Plays a part in connecting telemedicine, remote home monitoring apps, healthcare devices, producing big data, and uses AI to analyze the collected data

And that's about it. Not much to go off of here, but luckily I was able to find a positive match.

From what we know, the company has a focus on communications - as Mizrahi puts it, it's "the glue that binds the IoMT technologies".

He also mentions that the company he's talking about has been around for a while, and he claims that if you go into any healthcare facility today and the "odds are you'll find the company's system linking patients' records to pretty much everything else".

So we know that this company "connects" things in the healthcare industry and has some sort of "system" to do so. And we know it's based in Missouri and has helped expand the telehealth of the Univesity of Missouri Health Care.

Any guesses on the name of the company?

Well, it seems that he's talking about Cerner Corporation (CERN) here.

Cerner Corporation is a North Kansas City, Missouri-based company that supplies health information technology (HIT) services, devices and hardware, with its products being used at over 27,000 facilities wordwide.

• Yes, Cerner Corporation is Missouri-based
• Yes, Cerner plays a part in connecting IoMT and does use AI for certain things, such as improving clinical documentation
• And Yes, Cerner was selected by University of Missouri Health Care to manage its revenue cycle (back in 2018), which has allowed them to move to one integrated system for doctors/nurses to access patients' health history, 

Based on the limited number of clues provided, Cerner Corporation matches up pretty well.

Not only that, but it was also mentioned by Mizrahi that 90% of this company's revenue is "recurring or highly visable", which I found word-for-word in an investor presentation by Cerner in 2020.

So Cerner's the pick here, but is this the get-rich opportunity that it's teased as being?

Will Its Stockprice Skyrocket?

Even Charles Mizrahi told us that this isn't some new little company. It's not some penny stock that can easily multiply in price. He mentioned that its products/services are being used by many healthcare facilities around the world, and it's numbers reflect this. 

At the moment, it has a stock price of around $70 with a market cap of over $20 billion. 

That said, the company is doing very well and the fact that nearly 90% of their sales come from recurring and "highly visible" revenue is worth some consideration. The reason for this is because these healthcare IT systems are complicated and once a hospital impements one and get's used to it, it's unlikely they'll change. 

There has also been some good insider activity recently, and the company's collaboration with GetWell Loop to offer a new COVID digital care plan is seen as a big plus.

Cerner could be a good addition to your portfolio with it's positioning and the fact it's in a fast-growing industry. But you shouldn't expect astronomical gains and of course always do your own due-diligence before investing any money.

Quick Recap & Conclusion

• Charles Mizrahi from Banyan Hill Publishing recently started teasing the opportunity to invest in the IoMT industry.
• He's teasing on company in particular who's stock price he believes will skyrocket.
• Normally you'd have to buy into his paid subscription service to find out the details, but we've done the digging and found a good match.
• Cerner Corp (CERN) seems to be the pick here.
• Don't expect fast and large gains, as the company is already large and well-established. 

And that's it. 

You're welcome!

I hope this information has provided some value to you. As always, let us know what you think in the comment section below. Will its stock price skyrocket?