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Is Livongo Health Stock a Buy?

TheMotleyFool

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Like most stocks, Livongo Health (NASDAQ: LVGO) plunged during the stock market meltdown in March. But Livongo's rebound has been more spectacular than most. Its shares are now up more than 100% year to date.

However, this huge gain has also caused Livongo to have a huge valuation. The healthcare stock currently trades at nearly 27.5 times trailing-12-month sales. Is Livongo Health still a great stock to buy?

Image source: Getty Images.

Source Fool.com

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