Is Teladoc Health Inc. (TDOC) A Smart Long-Term Buy?
Saga Partners, a fundamental, long-term, value investment management firm, published its fourth-quarter 2020 Investor Letter – a copy of which can be seen here. A net return of 24.5% was recorded by the fund for the Q4 of 2020, outperforming its S&P 500 benchmark that delivered a 12.1% return. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.
Saga Partners, in their Q4 2020 Investor Letter, said that Teladoc Health, Inc. (NYSE: TDOC) is one of the most attractive opportunities they currently own. Teladoc Health, Inc. is a global telemedicine and virtual healthcare company that currently has a $12.6 billion market cap. For the past 3 months, TDOC delivered a -2.30% return and settled at $113.11 per share at the closing of February 16th.