Teledoc Health Inc (NYSE:TDOC), incorporated in 2002 and headquartered in Purchase, New York, provides virtual healthcare services on a business-to-business basis in the United States and internationally. It covers various clinical conditions, including non-critical, episodic care, chronic, and complicated cases like cancer and congestive heart failure, as well as offers telehealth solutions, chronic condition management, expert medical services, behavioral health solutions, guidance and support, and platform and program services. It serves health employers, health plans, hospitals, health systems, and insurance and financial services companies.
The trend in telehealth will continue to grow even after the Covid-19 pandemic is over. Teledoc Health is one of the best telehealth stock to buy and own. Telehealth services are growing industry. Teledoc Health has growth. In 2019, the company has $550 million in annual revenue. It will generate over $3 billion in sales two years from now. Currently, Teledoc stock price is getting too cheap.
In conclusion, long term growth investor should consider investing in Teledoc Health stock.