Good Tuesday Friend,
This is the latest update of what's happening in the markets...
Last night I shared with our community about my latest stock pick and the company is called "TELADOC HEALTH INC, the ticker symbol is TDOC (NYSE).
Teladoc Health Inc is a multinational telemedicine and virtual healthcare company based in United States.One major long term change that the coronavirus pandemic will bring
is a big boost to telehealth. I think that patients will like the
convenience of visiting healthcare professionals in a virtual setting and the undisputed leader in
telehealth is Teladoc Health.
The company's customer base includes 40% of the Fortune 500 in addition to thousands of smaller organizations. Over the last five years, Teladoc Health's revenue has increased by a compound annual growth rate of 55%.
Teladoc currently has around 56 million members, but there are another
73 million members that don't yet use its services at existing clients.
That gives the company a big growth opportunity even if it didn't add a
single new customer. Of course, Teladoc will almost certainly gain a lot
of new customers, especially in the wake of the COVID-19 outbreak.
Buying shares of this high-flying stock should pay off nicely over the
long run.
And if you missed last week's stock pick...
"Zoom continues to skyrocket: The maker of increasingly-popular video conferencing software yesterday jumped an additional 21%, further adding to its all-time high. The stock continued to climb after hours, rising an additional 2%."
2 weeks ago Zoom was at $130... today it is at $150 at a discount from a high of $159....
But I still think it's a great buy because Zoom's business is just ZooooMing...
The US Senate has passed the bill to inject $2 Trillion dollars into the
economy and the market has reacted optimistically as can be seen from
the biggest rally in the S&P500 last week.
As of today, stocks are all going up... for how long? We shall see...
I explain my opinions in my call last night, here's the video recording for you to watch it again on my Facebook Page...
And stay tuned to my weekly newsletter as I keep you updated on the latest
developments and opportunities for us to profit hugely from this global
crisis...
Also, I have started a new TELEGRAM channel where you can receive instant updates on your phone via the TELEGRAM APP, go sign up for it here if you have not done so already,
(Make sure you download the APP to your phone and join my channel "DennisBayWay" on Telegram)
If you will like to get exclusive access to my personal stock picks and financial market trade opportunities, or know someone who might be interested in these updates, feel free to share my "Global Investors Weekly" newsletter to them with this link,
Contact me to find out how you can get started... this window of opportunity is not going to last forever!
To Your Wealth, Freedom & Success!
Your Friend
Dennis Bay
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