With the Russell 2000 breaking past 2,060 points, forecasts suggest growth sectors could outperform value stocks into late summer. American Well Corporation , popularly known as Amwell, is a digital healthcare platform dedicated to expanding the virtual delivery of care across diverse settings. Its core offerings include enterprise telehealth software, Amwell Medical Group clinical services, and the Converge platform, which brings patients, providers, and payers together in one connected system. By enabling services such as primary care, behavioral health, chronic condition management, and wellness coaching, Amwell positions itself at the crossroads of healthcare and the broader health and fitness movement. These solutions make medical guidance, mental health resources, and lifestyle support more accessible in a digital-first format. The startup has been swiftly growing since its launch, expanding in 2021 to also offer users the ability to invest their superannuation into ETFs and direct shares, rather than managing a SMSF. June 2024 trading statistics highlight that easy investing apps recorded heightened activity in dividend-focused ETFs, as Treasury yields eased from 4.5% to 4.35%. This shift hints at a growing preference for stable income streams.
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