3 Opportunity Stocks That Are 40 Percent Below Their Value - Teladoc
1- Teladoc
Based in the United States of America, Teladoc Health is a multinational provider of telemedicine and virtual healthcare services. Its primary services include telehealth, medical opinions, artificial intelligence, analytics, and licensable platform services.
It's surprising to see Teladoc's share dropping 29 percent since it announced plans to acquire Livongo Health last summer.
Teladoc stocks have dropped 43 percent since their all-time high last month.
Teladoc's popularity had skyrocketed during the epidemic, but it suffered from a deal with Livongo to join forces.
Livongo, on the other hand, is a company that provides a digital health platform for people with chronic conditions such as diabetes, hypertension and weight management. The company, which will soon have wearable products available, announced that it is integrated with many major smartwatches, including the Fitbit, Apple Watch and Samsung's Gear smartwatch.
Livongo monitors diabetic patients through wireless glucose meters, guiding them to positive lifestyle movements when their blood sugar levels start to rise.
Skeptics who see Teladoc mostly as a pandemic player are wrong. Because it is inevitable that like Zoom, e-health technologies will take their place in our lives permanently. Livongo, on the other hand, has a consistent growth and potential for growth despite all conditions.
Source:
https://www.fool.com/
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