3 Things About Teladoc That Smart Investors Know
Teladoc Health (NYSE: TDOC) stock has been on a crazy ride the past few years, from a high of $308 in February of 2021 to a low of $21.60 this past February. The telehealth company specializes in providing medical advice to patients. And so far this year, its shares are up 3%.
The healthcare company has solid name recognition as an early mover in telehealth. It has potential as a long-term investment, but there are plenty of risks in buying its shares. Here are three things that smart investors know about Teladoc.
Teladoc is the world's largest virtual healthcare platform, and its name is synonymous with telehealth. Its stock took off during the COVID-19 pandemic, when in-person doctor visits weren't always available or practical. While Teladoc's total visits aren't rising as fast as they were during the height of the pandemic, virtual care is expected to increase because it's less expensive and often more customer-friendly.
Source Fool.com
