Want to Double Your Money? Buying These Stocks Could be a Genius Move
The stock market may be in the doldrums right now. But this isn't time to give up on investing. In fact, it's a great time to get into the market or add to positions. In some cases, we can pick up companies with strong growth potential for a bargain. In other cases, we can get in early on a growth story that's just starting to pick up speed.
I've found two stocks that fall into those categories. One is a telemedicine leader. The other is a biotech company that's just launched its first two products. Both of these players have what it takes to grow revenue -- and maybe even double your money. That means buying them today could be a genius move.
Teladoc Health (NYSE: TDOC) shares have tumbled about 70% this year. The telemedicine company grew revenue and visits in the triple digits in the early days of the pandemic. And prior to the pandemic, Teladoc's revenue and visits already were on the rise. Still, investors worried about the company's lack of profitability. And two non-cash goodwill impairment charges this year didn't help matters.
Source Fool.com
