3 Things About Teladoc That Smart Investors Know
One of the early adaptations during the pandemic was a shift to virtual care. Many healthcare companies touted their virtual services while others quickly developed an application to get in the game. It was a radical change to an industry that had been slowly advancing for the past decade.
Teladoc Health (NYSE: TDOC) became synonymous with telemedicine, and the stock rocketed to an all-time high. But it's been a tough slog since the peak. A bevy of competition and an enormous acquisition have Wall Street questioning its prospects. The stock is down 52% since February. Here's what analysts might be getting wrong -- and right -- about the path forward.
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Source Fool.com
