Topic: How To Invest

Q: Pat, can I get your recommendation on Andlauer Healthcare Group? Thanks.

Article Excerpt

A: Andlauer Healthcare Group Inc., $43.63, symbol AND on Toronto (Shares outstanding: 41.5 million; Market cap: $1.7 billion; www.andlauerhealthcare.com), is a supply chain management company. Through its digital infrastructure, Andlauer offers customized third-party logistics (3PL) and transportation services for the healthcare sector. The company offers its services to healthcare manufacturers, wholesalers, distributors and 3PL providers. Andlauer offers supply chain services for a range of products. These include pharmaceuticals, vaccines, biologics, blood products, narcotics, health and beauty aids, and medical devices. Through its nine distribution centres and 22 branches across Canada, the company offers services that accommodate all of its clients’ shipping needs. In 2021, Andlauer expanded its transportation services, through acquisitions, into truckload service for the healthcare sector in the U.S. The company now has four facilities in the U.S. Andlauer aims to differentiate its services through its strengths in temperature management, quality assurance and regulatory compliance, and security. Its technology also targets improving visibility throughout the supply chain. The company generates revenue across five main…