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1 Warning Before You Buy This Cathie Wood Stock


Published on 2024-12-14 11:20:50 - MSN
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  • Ark Invest's focus on owning innovative and disruptive businesses has made its founder and CEO Cathie Wood a closely followed investment professional. Someone looking to put some money into the stock market might follow her trading moves to find potential investment ideas.

The article from MSN Money discusses a cautionary note for investors considering buying into Teladoc Health, a company heavily backed by Cathie Wood's Ark Invest. Despite Teladoc's significant growth in telemedicine, the article highlights several concerns. Firstly, Teladoc has been reporting substantial net losses, with a notable $13.7 billion loss in 2022 due to a goodwill impairment charge, although adjusted EBITDA showed improvement. Secondly, the company's revenue growth has slowed, and there's skepticism about its ability to achieve profitability soon. The article also points out that while Teladoc has a strong market position in telehealth, competition is intensifying, and the stock's valuation remains high despite these challenges. The piece advises potential investors to consider these factors, especially the ongoing profitability issues and competitive landscape, before making investment decisions.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/top-stocks/1-warning-before-you-buy-this-cathie-wood-stock/ar-AA1vRvLu ]