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Is Teladoc Health a Buy?

TheMotleyFool

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There are plenty of exciting healthcare companies trying to innovate how patients receive medical care. In the world of virtual healthcare, one of the best-known companies is Teladoc Health (NYSE: TDOC), a telehealth provider with a $6 billion market cap. Shares of Teladoc have done exceptionally well in 2019, having risen by more than 70% and showing little sign of slowing down.

As such, it's not surprising to see Wall Street is quite optimistic about Teladoc's prospects, with 17 of 21 analysts covering the company giving the stock a buy rating. Let's take a closer look to see whether investors should consider adding Teladoc to their portfolios or hold off for another time.

Image source: Getty Images.

Source Fool.com

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