TDOC - 2 Healthcare Stocks to Buy at a Discount
2024-07-14 10:00:00 ET
Healthcare stocks may not be the most exciting investments for some, but overlooking these businesses could mean you pass up great companies. These are the businesses that provide essential products and services in a wide range of market environments and economic landscapes.
While not all healthcare stocks are created equal, finding intriguing businesses to put cash into and adding those to a well-diversified basket of investments can magnify your returns over the long run. Here are two stocks to consider adding to your buy basket right now that are trading at a discount but could present a solid value proposition for long-term investors.
Teladoc Health (NYSE: TDOC) has certainly disappointed investors over the last few years following its pandemic-period successes. Decelerating growth, deep unprofitability, and a series of management changes (including the unexpected departure of longtime CEO Jason Gorevic) have understandably led many investors to sell off the stock in droves.
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2 Healthcare Stocks to Buy at a Discount