Why Teladoc Health’s shares are increasing today

Why Teladoc Health’s shares are increasing today

Now what Teladoc still has major opportunities to pick up additional members at existing clients. It also has a lot of potential to cross-sell its products, especially now that it has Livongo’s digital-health platform for chronic-disease management. It remains to be seen if today’s move will be the beginning of a big rebound for Teladoc. But the strength of the company’s underlying business and the size of its total addressable market appear to be worthy of investors’ attention.

Image source: Getty Images. Today’s bounce might seem insignificant in view of the fact that Teladoc’s shares are still more than 50% off the high set earlier this year. However, the upward move for the healthcare stock could prompt investors to reexamine Teladoc’s growth prospects, which continue to look good.

Teladoc anticipates that its revenue growth rate will slow in 2021. That’s to be expected, though, after the surge in telehealth visits last year that was fueled by the COVID-19 pandemic. So what

Source
This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis — even one of our own — helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.

The News Highlights

  • Why Teladoc Health’s shares are increasing today
  • Check the latest Health news updates and information about health.
Disclaimer: If you need to edit or update this news from compsmag then kindly contact us Learn more

For Latest News Follow us on Google News


Latest Headlines
  • Show all
  • Trending News
  • Popular By week
US SEC Appoints New Director of Corporate Finance and General Counsel

US SEC Appoints New Director of Corporate Finance and General Counsel

She also earned an undergraduate degree from Princeton University and a JD from Harvard University. “Renee brings deep expertise in corporate governance and ...
A Company Fined more than £100,000 after it imported fake Apple chargers

Apple wants you to save your ID on your iPhone, but experts are sceptical

Debuting in fall – a chance to keep your ID on your iPhone Not only could hackers find their way into your pocket, a cyber risk expert said the issue of ...
Another social media post features Apple’s Beats Studio Buds

9to5Mac Daily: June 14, 2021 – Apple Watch Series 7 rumour, Beats Studio Buds

Sponsored by WALTR PRO for Mac: Make it easy to transfer virtually any file (in any format) to your iPhone, iPad, iPod and now, HomePod. Get 30% off now. ...
Here’s everything we know about Halo Infinite’s free multiplayer

Here’s everything we know about Halo Infinite free multiplayer

Armor customizations in Halo Infinite. Image: 343 Industries The free multiplayer mode will also include a battle pass that never expires ...
This $2,700 robot dog will carry a single bottle of water for you

How to watch the Nintendo E3 2021 Direct showcase

Where can I watch the Nintendo Direct? You’ll be able to watch the show on Nintendo’s YouTube page, as well as on Twitch. When does Nintendo’s E3 2021 ...
Albany Tech business plans Technology Facebook    presentation |  Local

Albany Tech business plans Technology Facebook presentation | Local

Source www.albanyherald.com Graduates will earn a News Technology associate of science degree or a diploma with specialization in business administrative ...
Goldman expands into encryption business with plans for Ether options

Goldman expands into encryption business with plans for Ether options

In May, Goldman led the $15 million investment into Coin Metrics, a cryptocurrency and blockchain data provider to institutional clients, and McDermott joined ...
Harrow Health Announces Aggregate Price of $17.5 Million

Harrow Health Announces Aggregate Price of $17.5 Million

About Harrow HealthHarrow Health, Inc. (NASDAQ: HROW) is an ophthalmic-focused healthcare company. The Company owns and operates ImprimisRx, one of the ...
Big Money Index says stocks are ready to take off

Big Money Index says stocks are ready to take off

Stocks Are Getting Scooped Up I want less stress in my life. Turning off the headlines can help! Now, let’s take a look at what stocks did last week by sector. ...
SEC Appoints Director of Corporate Finance Division

SEC Appoints Director of Corporate Finance Division

Source www.pionline.com “I am honored to continue to help advance the SEC’s mission to protect investors, maintain fair, orderly and efficient markets, and ...
Show next
Compsmag - Latest News from tech, business and health
Logo