Before the COVID-19 pandemic, the combined market cap of Teladoc (NYSE: TDOC) and Livongo (NASDAQ: LVGO) was about $10 billion. Now that they are merging together in a deal announced earlier this week, the new company will have an estimated value of close to $40 billion.
Why has the value of these healthcare companies jumped so much and is this deal good news for investors?
In this episode of Stock Club, we also discuss:
- The reason why Microsoft (NASDAQ: MSFT) might be the only company allowed to buy TikTok.
- Facebook (NASDAQ: FB), Google (NASDAQ: GOOG), Apple (NASDAQ: AAPL), and Amazon (NASDAQ: AMZN) and their virtual antitrust hearing.
- The lessons we can learn from the Dotcom Crash.
Don’t miss out on the upcoming Stock of the Month podcast, going live in the MyWallSt app on Monday, August 10. Sign up for your free access here — https://www.mywallst.com
MyWallSt operates a full disclosure policy. MyWallSt staff may hold long positions in some of the companies mentioned in this podcast.
Head of Content and Publishing at MyWallSt
James is the Head of Content and Publishing at MyWallSt. James’ favorite stock is Teladoc because he believes that they are at the forefront of revolutionizing the healthcare industry.