Is Teladoc Health a buy on the pullback?

Digital health was a struggling industry prior to the coronavirus pandemic, but COVID-19 changed the game, pushing consumers and providers alike toward digital health solutions. Unsurprisingly, leading player Teladoc Health emerged as a key beneficiary of this explosive industrywide expansion, recording a record number of virtual care visits during the pandemic, and its shares are up 133% year-to-date (YTD).