Teladoc specializes in virtual medical visits and sells its plans to companies and organizations. Teladoc also sells its BetterHelp mental health online consultations directly to consumers. What's weighed on the stock is the fact that Teladoc hasn't yet turned that revenue into profit.
These businesses are at the top of their respective industries, but you wouldn't know it by looking at their stock prices.
The market doesn't always get a growth stock's valuation right, and when it's wrong, there's often an opportunity to make a hearty dollop of dosh -- and it's always good to feel as if you're a step ahead of the market. On that note, two growth stocks look favorably priced right now, and there's good reason to think they'll keep growing in the years ahead. Israeli medical aesthetics company InMode (NASDAQ: INMD) is a stellar investment opportunity thanks to its slightly cheap shares and its finely tuned growth engine.