Teladoc Health | TDOC | Long at $9.91

Jan 22

Teladoc Health TDOC - Initial position started at $9.91 with the potential for the price gap in the $7's to be closed in the near future (likely another entry there unless fundamentals change)

Pros:

• User base of over 90 million and growing
  
• Revenue grew from $555 million in 2019 to $2.6 billion through Q3 of 2024
  
• Positive free cash flow since 2021
  
• Low debt (debt to equity ratio around 1x)
  
• AI integration and partnership with Amazon and Brightline
  
• Historical simply moving average is approaching price, which often leads to a jump or change in downward momentum in the longer-term
  

Cons:

• Currently unprofitable and not forecast to become profitable over the next 3 years
  
• Lots of insider selling and exercising of options
  
• No dividend
  
• Daily price gap in the $7 dollar range which may close prior to move up
  

Targets through 2027:

1. $14.20
   
2. $20.00
   
3. $27.00
   
4. $35.00
   
5. $55.00 (long-term, positive outlook)
   

Feb 10

Trade active

Target #1 reached for a 43.3% gain.