ONEM - 2 Coronavirus Stocks That Could Very Well Make You Rich
Teladoc Health (NYSE: TDOC) and 1Life Healthcare (NASDAQ: ONEM) are both angling for their share of the healthcare revolution catalyzed by this year's coronavirus outbreak. The companies aren't identical -- Teladoc offers a broad array of telehealth services without any in-person component, while 1Life opts for a subscription-based mixture of face-to-face and virtual primary-care services including diagnostic tests and labs. But both stocks are growing rapidly, and each has a compelling value proposition for investors looking to pocket massive returns.
While both businesses will benefit from rising public interest in alternatives to traditional healthcare paradigms, neither is risk-free. Neither is profitable yet, and both may struggle to raise funds for further expansion without diluting shareholder value by issuing more stock. Nonetheless, on the basis of their skyrocketing membership numbers and ongoing public demand for their services, there's a good chance that buying these stocks could make you rich over the next decade. Let's investigate how each company is positioned for success.
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