Jim Cramer on Teladoc: “I Don’t See Any Reason to Own It”

Teladoc Health, Inc. (NYSE:TDOC) is one of the stocks Jim Cramer shared his opinion on. When a caller mentioned that they hold the stock in an IRA and have experienced a loss of nearly 96%, Cramer commented:

Just get rid of it. I don’t see any reason to own it… There’s a lot of companies that are in that business. I’m sorry. I wish it were good… But you know, wishing don’t cut it.

Stock market reports printed on a sheet of paper. Photo by RDNE Stock Project on Pexels

Teladoc Health, Inc. (NYSE:TDOC) provides virtual medical care, including chronic condition management, mental health support, and specialized therapy.

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Disclosure: None. This article is originally published at Insider Monkey.