Forget Zoom, Teladoc Is a Better Growth Stock
Major indexes such as the S&P 500 have seen gains recently, but with the potential for a second wave of COVID-19 on the horizon, investors may worry that they're seeing a bear-market rally. Indeed, there has never been a pandemic in recorded history that did not have a second wave. Should COVID-19 stage a revival in fall or winter, we will possibly see the S&P dip back below 2,300, as we witnessed in March.
In such a scenario, investors will want to buy stocks that can either survive the downturn or rally sharply as they provide essential services to combat the COVID-19 pandemic. Today, let's take a look at two stocks, Zoom Technologies (NASDAQ: ZM), and Teladoc Health (NYSE: TDOC), and their potential to rally sharply in another bear market.
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Source Fool.com
