Jim Cramer on Hims & Hers Health stock: 'I bet the business stays strong'

  • 📰 CNBC
  • ⏱ Reading Time:
  • 37 sec. here
  • 10 min. at publisher
  • 📊 Quality Score:
  • News: 46%
  • Publisher: 72%

Jim Cramer أخبار

Stock Markets,Investment Strategy,Business

CNBC's Jim Cramer on Wednesday gave his take on the Hims & Hers Health, a digital health and wellness platform.

CNBC's Jim Cramer gave his take on the Hims & Hers Health, a digital health and wellness platform, saying it might be worth opening a position in the stock now that it's pulled back somewhat from its highs.

"I'd never recommend paying up for HIMS after that big run to $25, but now that it's pulled back to $20, I think you can justify building a position here, especially if you buy it gradually on the way down and don't place all your hopes on the temporary GLP-1 business, even as it is incredibly strong," he said.

The company is allowed to sell these copycat drugs because there is a significant shortage of the medication. Cramer pointed out that even though this particular revenue stream is temporary, it may be a while before GLP-1 supply catches up with the demand. Hims & Hers said it eventually plans to give customers access to the branded drugs — currently produced by pharmaceutical giants

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 12. in EG
 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Jim Cramer's top 10 things to watch in the stock market MondayWall Street was looking higher early Monday after finishing higher for the holiday-shortened trading week
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »

Jim Cramer's top 10 things to watch in the stock market TuesdayWall Street pushed higher after more records for the S&P 500 and Nasdaq.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »

Jim Cramer's top 10 things to watch in the stock market WednesdayWall Street is getting ready for Day 2 of Federal Reserve Chairman Jerome Powell on Capitol Hill.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »

Jim Cramer's top 10 things to watch in the stock market TuesdayWall Street was under some pressure ahead of the open after the S&P 500 and the Nasdaq started the new week with more records.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »