3 stocks under $1 that should be on your watch list | Motley Fool Australia: "Capitol Health Ltd (ASX: CAJ) – Capitol Health is one of Australia’s fastest growing diagnostic imaging service providers and last traded at 52 cents. The share price has more than halved since the start of April as the market ponders whether Capitol Health’s acquisition strategy is sustainable. Compounding the situation is the ongoing review of the Medicare Benefits Scheme and the impact this may have on Capitol Health’s revenues moving forward. Despite this, it continues to acquire businesses at reasonable prices in a highly fragmented industry that has a number of tailwinds behind it. At the current price, investors who are risk tolerant may find this to be a good entry point for a long-term investment."
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