Will Teladoc Be a Trillion-Dollar Stock by 2040?
When Teladoc (NYSE: TDOC) had its initial public offering (IPO) in 2015, it was the only public company in the burgeoning industry of video-enabled doctor visits. Five years later, the pandemic pushed virtual care to the center of the healthcare system.
So far, the company has used acquisitions to assemble a fast-growing portfolio of services. But competition is heating up. Since it came public, the company has grown from a $1 billion valuation to nearly $23 billion. It will have to grow 43 times in value to reach $1 trillion valuation. Could it make it by 2040?
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Source Fool.com
