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LVGO - Could Livongo Health Be a Millionaire-Maker Stock?
Livongo Health Inc.
Livongo Health(NASDAQ: LVGO) has made some investors a lot of money in a short period of time. The healthcare-technology provider conducted its initial public offering (IPO) in July 2019 with a price of $28 per share. An initial investment of $10,000 would have turned into around $19,000 in less than nine months. That's an impressive return.
But many investors missed out on Livongo's IPO. What if you bought the healthcare stock now and held on for 20 years or so? Could Livongo be a millionaire-maker stock over the long run?