Buy, Sell, or Hold TDOC Stock at $200?
Teladoc (NYSE: TDOC) has had an amazing year. There are few companies that ever have as exciting a year as Teladoc did in 2020. A remote service during a global pandemic, a transformational deal, and a stock price that is up 140% will generate some buzz. Now that 2020 is ending, should we buy, sell, or hold Teladoc heading into 2021?
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Teladoc's numbers paint a clear picture of the pandemic. Revenue and telehealth visits have continued climbing throughout the year while the number of members has stagnated. As you might guess, the utilization -- the number of visits divided by the number of members -- has jumped from 9.5% at the end of 2019 to 16.5% now.
Source Fool.com
