Top 10 Medical AI Stocks on Wall Street’s Radar

7. Teladoc Health Inc. (NYSE:TDOC)

Number of Hedge Fund Holders: 32

Teladoc Health Inc. (NYSE:TDOC) is a virtual healthcare leader that enables secure patient-clinician engagement via telephone and videoconferencing software for remote medical care. The company is increasingly using GenAI to improve patient safety and care delivery for hospitals as well as automate clinical documentation during virtual consultations to address workforce challenges and improve virtual nursing services.

However, Bank of America analysts marginally trimmed the company’s target price to $10.5 from $11.5 and retained a “Neutral” rating on 21st January based on lower peer multiples as it monitors their trajectories while keeping track of pricing changes at Teladoc Health (NYSE:TDOC) core business.