Buy Hims and Hers Health Near $30 Support

2 months ago

Mark Rousen

"That leads us to stock number two on our list, which is going to be Hims and Hers Health, stock ticker HIMS. This is a company that was off to a fantastic start through the first half of the year, but in recent months, it's been under intense pressure. The stock is trading at its longer-term support level, and a break below could send this stock towards $30 per share. In terms of a buy price target, that low $30 range would be a great spot to start nibbling at Hims and Hers."

The speaker recommends Hims and Hers Health as a potential buy if it holds its longer-term support around $30, viewing the current volatility as a second opportunity for investors.

Related Stocks