This Top “Coronavirus Stock” Is Flying Under the Radar of Many Investors

Zoom Video Communications (NASDAQ: ZM) and Teladoc Health (NYSE: TDOC) have been getting a lot of press. This attention is well deserved as their products and services are helping many people and entities around the world mitigate the fallout from the novel coronavirus pandemic, and stem the spread of COVID-19.

Zoom's video-first communications platform is enabling office workers, educators, and others to more effectively work remotely. It's also allowing people to virtually socialize while much of the global population is under some form of a lockdown order. Management said on last month's fourth quarter earnings call that it's "definitely seen an uptick in usage" related to the coronavirus. And Teladoc's telahealth services are enabling patients and healthcare providers to avoid in-person office visits.

This increased attention has lit a fire under their stocks. Since the market peak on Feb. 19, shares of Zoom and Teladoc have soared 23.4% and 33.1%, respectively, as of Friday, April 3. The S&P 500 (including dividends) has plunged 26.3% over this period. 

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Source Fool.com