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Teladoc vs. Doximity: Which Telehealth Stock Is a Better Buy? By StockNews

© Reuters. Teladoc vs. Doximity: Which Telehealth Stock Is a Better Buy?

Teladoc (NYSE:) and Doximity (DOCS) are part of the high growth digital health market and have multiple secular tailwinds allowing them to improve revenue and profit margins going ahead. While Teladoc is trading at a lower valuation, Doximity is already posting an operating profit.In case you have a long-term investment horizon, you need to identify stocks that are disrupting the markets where they operate. In the last year, the ongoing pandemic disrupted several companies across industries such as airlines and hospitality. However, COVID-19 also acted as a tailwind for companies part of the e-commerce, collaboration, and digital health verticals.

Stocks such as Teladoc (TDOC) and Well Health Technologies (WLYYF) outpaced the broader markets by a significant margin in 2020. Now, the recent IPO Doximity (DOCS), which is an online networking service for medical professionals, has also attracted investors due to the rapidly expanding market for digital health platforms.

Here, we compare the growth potential between Teladoc and Doximity to analyze which is a better stock right now.

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