Red Flag Alert – Hims Hits the Radar
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Red Flag Alert – Hims Hits the Radar
(This friendly reminder: My Red Flag Alerts and selected On the Street content is no longer free. But while the paint is still drying on my paywall, my introductory price remains the same. For more info, here’s more about my decision to go paid, and what to expect from my Red Flag Alerts.)
I’m adding Hims & Hers Health ($HIMS) to my Red Flag Alerts...
The stock leaped to life last week after the telehealth platform known best for its erectile dysfunction and hair loss products announced it was adding a compounded GLP-1 weight-loss drug to its lineup.
The bull story is focused on strong margins and subscriber growth...
Beyond that, the model appears to be challenged, which is why I’m adding it to Red Flag Alerts.