5 Best Telemedicine Stocks to Buy Now

2. Laboratory Corporation (NYSE:LH)

No of HFs: 57

Total Value of HF Holdings: $1.74 Billion

Laboratory CP is included in Billionaire Larry Robbins’ Top 10 Stock Picks. The company offers clinical laboratory tests that are used for routine testing. Labcorp came up with the telemedicine toolkit to provide access to virtual healthcare resources via a virtually supported manner. An insider recently purchased 330 shares at around $168. The stock is up 23% since then.

The top hedge fund holder of this stock is Gabriel Plotkin’s Melvin Capital Management which had $306 million invested in the stock at the end of September.

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