Relative Strength Index (RSI)
|Bid||58.50 x 1400|
|Ask||58.90 x 900|
|Day's Range||57.19 - 60.49|
|52 Week Range||15.12 - 63.55|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 06, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||44.27|
When it comes to investing in small up-and-coming businesses, picking just one or two usually won't suffice. For my latest batch of purchases in the wake of the coronavirus-fueled economic crisis, I scooped up shares of Livongo Health (NASDAQ: LVGO), Cloudflare (NYSE: NET), Fastly (NYSE: FSLY), Repay Holdings (NASDAQ: RPAY), and VectoIQ Acquisition (NASDAQ: VTIQ) (set to become Nikola). A few years ago, I purchased a tiny but up-and-coming stock called Teladoc Health, thinking that medical care delivered via an internet connection had a bright future.
Livongo (LVGO) is seeing positive earnings estimate revisions, suggesting that it could be a solid choice for investors.
These healthcare stocks are already dominant, and it should remain that way for a long time to come.
What happened Shares of Livongo Health (NASDAQ: LVGO) were jumping 11.8% higher as of 3:05 p.m. EDT on Tuesday. The surge appeared to be the result of Jim Cramer highlighting the stock on CNBC's Mad Money on Monday.
MOUNTAIN VIEW, Calif., May 12, 2020 -- Livongo Health, Inc., (Nasdaq: LVGO), the leading Applied Health Signals company empowering people with chronic conditions to live better.
Although we've rebounded quite a bit off of the March lows, the U.S. economy and labor market remain shells of where they were just three months ago, with job losses surpassing 30 million and second-quarter gross domestic product expected to come in at a year-on-year decline of more than 30%, according to many Wall Street estimates. While putting a bear market into the rearview mirror isn't going to happen overnight, this data conclusively shows that buying stocks during major stock market declines is always a smart move. With most brokerages removing the commissions associated with stock purchases and sales on major U.S. exchanges, the barriers to invest in the market have been torn down.
As the market crashed into bear territory this spring, Livongo Health (NASDAQ: LVGO) was on its way to a record high. And that's where the stock stands at the moment, up 115% this year. After this kind of performance, can we expect more from Livongo? Let's have a look.
Shares of Livongo Health (NASDAQ: LVGO), maker of remote patient-monitoring solutions, soared 12% to an all-time high Thursday after the company reported first-quarter results. Revenue grew 115% to $68.
Microsoft is helping to lead the Dow Jones Industrial Average to a bullish second quarter so far. These growth stocks are also breaking out.
Livongo Health's financial fortunes should keep on getting better. Keith Speights owns shares of Livongo Health Inc. The Motley Fool owns shares of and recommends Livongo Health Inc. The Motley Fool has a disclosure policy.
Ladies and gentlemen, thank you for standing by, and welcome to the Livongo Health first-quarter 2020 earnings conference call. This call is being broadcast live over the web and will be accessible on the Investor Relations section of Livongo's website, www.livongo.com. Joining me this afternoon to discuss our results are Zane Burke, our chief executive officer; Dr. Jennifer Schneider, our president; Lee Shapiro, our chief financial officer; and Glen Tullman, our founder and executive chairman.
First quarter total revenue of $68.8 million, up 115% year-over-yearOver 328,000 enrolled Livongo for Diabetes Members, up 100% year-over-yearIntroduces second quarter 2020.
What happened Shares of Livongo Health (NASDAQ: LVGO), a digital healthcare company, soared 40.2% in April, according to data from S&P Global Market Intelligence. The company hasn't reported official first quarter earnings yet, but preliminary figures released last month encouraged the market to drive the stock higher.
The S&P 500 take just 30 calendar days to lose at least 30% of its value, which is roughly 10 times quicker than it typically takes for a bear market to erase 30% of the index's value. This means that buying great companies during periods of weakness tends to be a surefire way to build long-term wealth.
The Zacks Analyst Blog Highlights: Livongo Health, Karuna Therapeutics, Sprouts Farmers Market, PennyMac Financial Services and Strategic Education