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This Service Could Be Teladoc's Key to Profitability


Growth stocks rocketed higher for much of the pandemic. But since November, investors have been ditching companies whose profits are far in the future. And Teladoc Health (NYSE: TDOC) has been one of the poster children for the shift in sentiment. The stock is down 76% from the all-time high in early 2021.

Analysts might need to start rethinking just how distant those profits are after the company's recent earnings report. Management offered insight into its mental health offering that should give investors hope that the company is much closer than they realized.

Image source: Getty Images.

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Source Fool.com

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