3 Reasons Why Teladoc Stock Has Potential to Climb in 2021
Some might say Teladoc Health (NYSE: TDOC) was in the right place at the right time last year. As the coronavirus pandemic worsened, medical offices closed or operated at lower capacity. And as stay-at-home orders broadened, many people decided a trip to the doctor's office wasn't such a good idea anyway. Enter Teladoc, a platform for online medical visits.
As you can imagine, Teladoc's already growing services grew even more -- and so did its share price. Teladoc stock climbed 139% last year. Now, the question is whether this 2020 winner can continue that pace in 2021. There's more to Teladoc's success than the "right place, right time" idea. Here are three reasons why I think this healthcare stock still has potential in the new year.
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Source Fool.com
