Down 40%, Is Teladoc a Buy Right Now?
This video will discuss Teladoc (NYSE: TDOC) and why I believe this company has a bright future, despite the stock being down 40% since its all-time highs in February. The company is expected to report Q1 earnings on Wednesday, April 28, after the market close.
Teladoc makes telemedicine simple. instead of taking a day off work or school, you can use Teladoc. Book a visit through your phone, find a doctor near you, and talk via webcam. If you need a prescription, your doctor will send it to the nearest pharmacy, and when you arrive it'll be ready for you.
Teladoc bought Livongo for $18.5 billion last year. Livongo devices send you signals and monitor chronic diseases. Elevated heart rate? You'll get notified to relax and take a breath. If you do not feel well, book a visit, and the doctor will get all the needed info directly from the Livongo device.
Source Fool.com
