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Better Buy: Teladoc vs. Amwell

TheMotleyFool

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The COVID-19 pandemic has fundamentally changed how Americans view online health consultations. Before it struck, only 11% of patients were comfortable seeking virtual care from their physician. That number has now risen to nearly 76%.

The change in patient behavior has also sparked massive investor interest in telemedicine services. Two companies operating in this space, Teladoc Health (NYSE: TDOC) and American Well (NYSE: AMWL), represent the best bets in this fledgling industry to capitalize on a growing trend. Which of the two is the better buy?

Image source: Getty Images.

Source Fool.com

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