Bipartisanship Could Propel These 2 Hypergrowth Stocks Higher
Agreement between Republicans and Democrats is rare these days. However, one issue they seem to see eye to eye on is telehealth.
The pandemic prompted the Department of Health and Human Services (HHS) to make several changes during the pandemic to increase access to virtual care for those covered by Medicare, and many want to make those changes permanent. More than 50 senators -- about half Republican and half Democrat -- have introduced the Connect For Health Act to do just that.
That's good news for telehealth providers Teladoc Health (NYSE: TDOC) and American Well (NYSE: AMWL) -- also known as Amwell. The pair has seen spiking demand over the last 18 months, but that hasn't necessarily translated to gains in the stock price. Congress' move to entrench telehealth as a viable alternative could help change that.
Source Fool.com
