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Why Selling Teladoc Right Now Could Be a Huge Mistake

TheMotleyFool

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Why Selling Teladoc Right Now Could Be a Huge Mistake: https://g.foolcdn.com/editorial/images/693259/businessman-checking-his-phone.jpg

Teladoc Health (NYSE: TDOC) shares crashed last week after the telemedecine company reported a large loss and incurred impairment charges totaling billions of dollars for the second straight quarter. And over the longer term, its growth rate has also been slowing down.

Growth investors have become frustrated with the stock amid the sell-off in the markets this year. Teladoc has crashed 60% while the S&P 500 is down just 13%.

Although it's easy to be bearish on the stock, selling shares of Teladoc right now could be a huge mistake, especially based on an earnings miss. Here's why the past quarter wasn't an outright disaster and why Teladoc's stock could rally in the future.

Source Fool.com

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