Should You Buy Livongo Health?
As the market crashed into bear territory this spring, Livongo Health (NASDAQ: LVGO) was on its way to a record high. And that's where the stock stands at the moment, up 115% this year. After this kind of performance, can we expect more from Livongo? Let's have a look.
Image source: Livongo.
Livongo uses technology to help its members monitor and manage their chronic conditions such as diabetes and hypertension. Using artificial intelligence, Livongo delivers personalized coaching to members to keep them healthy and out of the hospital. This proactive way of dealing with illness reduces healthcare costs. And for companies that sign up for Livongo for their employees, it boosts productivity. If employees stay healthy, they will spend more time on the job and less time out on sick leave.
Source Fool.com
