Every once in a while, investors come across some of the best names in a given industry, which then become subject to the best news and developments during a holding period. Today’s best pick seems to be in the medical sector. It shows investors a major fundamental strength that has been noticed by other major players in the industry, pushing future upside potential higher.
[content-module:CompanyOverview|NYSE:HIMS]With a major rally of as much as 25% over the past trading week, shares of Hims & Hers Health Inc. (NYSE: HIMS) have become the center of attention for more buying to take place in the coming months and quarters. The recent breakout in price is attractive not only to momentum buyers but also to value investors despite the stock already trading at what some might call “expensive” valuations.
