Whats up everyone. This is a short DD thread on Hims. I just made my entry as I believe its a good time to buy. Earnings are on 8/11 and the stock just hit 52 week lows. Hims is a growth company and on last earnings went almost 100%. They also raised guidance after earnings which is always a good thing.
Also, with the delta variant and COVID becoming more prominent again, there may be a chance that lockdowns once again happen, which would of course benefit telehealth.
What is HIMS?
Hims & Hers Health, Inc. is an American telehealth company that sells prescription and over-the-counter drugs online, as well as personal care products. The company is best known for selling generic treatments for erectile dysfunction and hair loss.
Recent Acquisition news:
Hims & Hers to Expand UK Footprint, Acquire London-Based Honest Health
Hims & Hers completes acquisition of Apostrophe (dermatology)
High short interest on the stock, not 100% how accurate these numbers are but nonetheless here they are, maybe someone can confirm:
Short version: Growth company with potential, earnings coming up (they should beat earnings), and high short %. Stock also at 52 week lows.