Doximity, Inc. (Docs) is one of the best telehealth stocks to buy now
Recently I published a list 10 best telehealth stocks to buy now. In this article, we will introduce Doximity, Inc. (NYSE:document) Stand up to the other best telehealth stocks to buy now.
According to Grand View Research, the US telehealth market size was valued at $42.54 billion in 2024. It is expected to grow at a significant compound annual growth rate of 23.8% between 2025 and 2030. Furthermore, the global adoption of smartphones, advances in technology, and the surge in government initiatives for the development of telehealth programs are also supporting market growth.
With the increasing costs of in-person medical regulations in the country, telehealth presents a major opportunity in the health sector. About $250 billion in current US healthcare costs can be virtualized, according to McKinsey. This includes training for healthcare professionals, booking regular check-in appointments for chronic illnesses, and psychiatric care.
Some experts consider medical, healthcare and large pharmaceutical stocks to be immune to trade genocide, making them safe shelters amidst the uncertainty brought by Trump’s tariffs. As Trump’s tariffs and macroeconomic uncertainty have caused significant market volatility, in a recently published article we discussed the potential for medical stocks to be a safe haven. 10 Best Medical Stocks to Buy Follow Billionaire. This is an excerpt from the article.
On April 8th, strategist Jared Holz of Mizuho Securities America Healthcare Sector said that controlled care, particularly the government-centric name, is somewhat safe as it is isolated from tariffs as a US-based company. In fact, slowing the economy is actually beneficial to them, as they want less use and patience through the system and have less patience. He says managed care is having a good day, and investors may consider owning some companies in the sector.
Sieve through stock screeners, financial media reports and ETFs to compile a list of 25 telehealth stocks, and as of the fourth quarter of 2024, we selected the top 10 most popular hedge funds. The list is ordered in ascending order of hedge fund sentiment. Hedge fund sentiment data has been raised from Insider Monkey’s database.
Why are hedge funds interested in the stocks they accumulate? The reason is simple. Our research shows that mimic the top stock picks of the best hedge funds can outperform the market. Quarterly Newsletter’s strategy is to select 14 small and large caps per quarter, returning 275% since May 2014, 150 percentage points above the benchmark (For more information, please see here).
Why did Doximity Inc. (docs) rise?
Laboratory pathologists and laboratory assistants studying medical news and data.
Number of hedge fund holders: 38
Doximity, Inc. (NYSE: DOCS) develops and operates an online platform for healthcare professionals. Cloud-based software enables physicians and healthcare professionals to work with colleagues, conduct virtual patient visits, coordinate patient care, manage careers, and stay on top of the latest medical news. We provide employment, marketing and productivity solutions to health systems, pharmaceutical manufacturers, health recruitment companies and other healthcare companies. Its productivity solutions segment consists of on-call scheduling, telehealth, and AI-assisted medical communication tools that help clinicians streamline their workflows.
Doximity, Inc. (NYSE: DOCS) expects the Pharma Healthcare Professionals (HCP) digital market to grow by about 5% to 7%, with plans to grow more than the overall market. Its record-breaking engagement and strong competition is a permanent position to achieve this objective.
The company also reported impressive financial results for the third quarter of 2025, which resulted in a strong bullish sentiment for the company. Third-quarter net income increased 57% year-on-year to $75.2 million for the third quarter 2024, while net income increased 50.2% year-on-year to $160.7 million for the first nine months. Revenue for the third quarter of 2025 also rose 24.6% year-on-year to $168.6 million. Doximity, Inc. (NYSE: DOCS) expects this momentum to continue, and will settle between $564.6 million and $565.6 million, forecasting revenue for the entire fiscal year ending March 31, 2025.
Overall, the document 7th place In your list of the best telehealth stocks to buy now. Although we acknowledge the potential of documents as an investment, our belief lies in the belief that some AI stocks provide higher returns and hold a greater commitment to doing so within a shorter time frame. There have been AI stocks that have risen since the beginning of 2025, and the popular AI stocks have lost around 25%. If you’re looking for AI stocks that are more promising than the documentation, but are trading at less than five times the revenue, check out our report on this Cheapest AI stocks.
