Is Teladoc a Buy for Summer 2021?
Is it time to take the plunge and buy shares of Teladoc Health (NYSE: TDOC) this summer? The answer might not seem obvious if you look at the stock's recent performance. The telemedicine leader was a Wall Street favorite last year, its shares soaring by nearly 140% as people flocked to its virtual medical visits during the pandemic.
This year, though, investors are shifting their focus away from the companies that were tailor-made to meet the needs of 2020's crisis, and instead favoring companies that look poised to benefit in a post-pandemic world. Teladoc stock has slipped 29% year to date. So, is the best part of this stock's story over? Or does today's share price represent a buying opportunity?
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Source Fool.com
