DCGO - 2 TeleHealth Stocks to Buy 1 to Watch in 2022
Telemedicine -- medical care delivered via phone or internet video -- soared in 2020. That growth trend slowed in 2021 as many people returned to their doctors' offices. But the telemedicine trend isn't over. Big technology companies sure don't think so. Amazon (NASDAQ: AMZN) Care was launched nationwide early in 2022, and Oracle (NYSE: ORCL) and Microsoft (NASDAQ: MSFT) made big acquisitions in the space, the former taking over healthcare software company Cerner (NASDAQ: CERN) and the latter conversational artificial intelligence outfit Nuance.
I believe telemedicine will remain a tremendous growth trend for the duration of the 2020s. Despite suffering a massive crash in share price, telehealth leader Teladoc Health (NYSE: TDOC) is still a buy in my book. So is Doximity (NYSE: DOCS) , and the recent SPAC IPO DocGo (NASDAQ: DCGO) is worth a look. Here's why.
Image source: Getty Images.
For further details see:
2 TeleHealth Stocks to Buy, 1 to Watch in 2022