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LVGO - Teladoc: Excellent Quarter With Q4 Upside From Livongo
Livongo Health Inc.
We believe shares are significantly undervalued and the market is underestimating the accretion from Livongo.
Q3 results were strong, Teladoc beat EPS and revenue estimates for the quarter, and management guided FY results up - a positive revision.
Long-term investors can use current market volatility to obtain an attractive entry point into the market leader in telemedicine - a disruptive business model.