If You Have $1,000 and 10 Years to Wait, Buy These 2 Stocks Now
Technology has reached a point where it is leaving no stone in the global economy unturned, and this has become increasingly apparent in healthcare. More specifically, a confluence of mobility and high-speed internet access, cloud computing, and analytics have made remote care via phone or teleconference a reality -- and it turns out a pandemic is all that was needed to spur mass adoption.
To be sure, the economic lockdown to halt the spread of COVID-19 has accelerated growth in telemedicine, and it's a real possibility decelerating growth in 2021 could cause fits for some stocks in this arena. But if you have some spare cash and a decade or so to wait it out, I think Teladoc (NYSE: TDOC) and Amwell (NYSE: AMWL) are buys right now.
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Source Fool.com
