5 Best Stocks to Buy for the Next Ten Years

2. Teladoc Health, Inc. (NYSE: TDOC)

Number of Hedge Fund Holders: 43

The virtual healthcare services provider Teladoc Health, Inc. (NYSE: TDOC) continues gaining Cathie Wood’s confidence this year. The company’s share price plunged sharply early this year amid easing social distancing policies. However, Wood saw that as a buying opportunity. Her firm increased its position in Teladoc by 11% in the second quarter to 4.95% of the entire portfolio.

Prominent investors were getting more optimistic about Teladoc Health. The number of long hedge fund bets has increased by 1 lately. It was in 43 hedge funds’ portfolios at the end of June.