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1 Magnificent Healthcare Stock Down 46% to Buy and Hold Forever


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  If you're seeking investments you can buy and hold for the long run, this TSX healthcare stock might be an excellent pick to consider for your self-directed portfolio.

The article from MSN discusses the investment potential of Teladoc Health, a telemedicine company whose stock has dropped 46% in the past year, presenting a buying opportunity for long-term investors. Despite a slowdown in growth and a reported net loss of $134 million in the third quarter, Teladoc's revenue increased by 8% year over year to $660 million, and the company is focusing on improving its adjusted EBITDA. The article highlights Teladoc's strategic position in the growing telehealth market, its potential for future growth as healthcare increasingly moves online, and its attractive valuation with a price-to-sales ratio of 1.5, suggesting it could be a strong addition to a diversified investment portfolio.

Read the Full The Motley Fool Canada Article at:
[ https://www.msn.com/en-ca/money/topstories/1-magnificent-healthcare-stock-down-46-to-buy-and-hold-forever/ar-AA1EyTmo ]