This Is Why Teladoc Is a Great Stock to Buy Right Now
As you would expect, telehealth has seen a dramatic uptick over the past year. From the moment the pandemic took hold and stay-at-home orders were announced, people began embracing the virtual option to get medical care. Teladoc Health (NYSE: TDOC) and American Well (NYSE: AMWL) were two of the biggest beneficiaries, as health systems and insurers made sure their customers were able to talk to doctors and get the care they needed even if they couldn't leave the house.
Teladoc took advantage of the boost, acquiring chronic disease management company Livongo, another beneficiary of consumers' need to go remote. Now that millions of Americans are being vaccinated each day and COVID-19 cases are in a sharp decline, it may seem like an odd time to recommend shares. However, there are three reasons the stock could be a great buy right now.
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Source Fool.com
