Where Will Teladoc Be in 5 Years?
The Good Judgment Project is a group that describes itself as "harnessing the wisdom of the crowd to forecast world events." Using open minds and fact-based decision models, the project outperformed the intelligence community in predicting geopolitical events during a four-year competition that ended in 2015. By finding similar events in history, updating their beliefs when provided with new information, and exploring the ways in which they could be wrong, the team of so-called "superforecasters" exceeded all expectations.
Predicting where a stock will be in the future requires all of these attributes as well. Every prediction represents a point in time, and making an educated guess about where a high-growth company like Teladoc (NYSE: TDOC) will be in five years needs to come with a lot of caveats. Still, there are useful comparisons and information we can use to make that educated guess.
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Source Fool.com
