Teladoc: Stock Has Likely Found A Floor With Upside Ahead
TDOCTeladoc(TDOC) Seeking Alpha·2024-01-24 17:34

urbazon/E+ via Getty Images Introduction and Investment Thesis Teladoc (NYSE:TDOC) is a virtual healthcare services company that has severely underperformed the indices over the last 2 years. However, the latest earnings call suggests there is growing evidence of Teladoc’s renewed focus on improving its overall profitability, as Adjusted EBITDA grew 73% YoY. While investors are still wary about competitive threats from legacy players as well as technology giants such as Amazon (NASDAQ:AMZN) and Walmart (NYS ...