SHOULD I BUY $HIMS STOCKS???๐ช
After this week's partnership with $NVO it was time for me to finally do some research.
Here are my first thoughts! Happy to get feedback or comments!
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1/ The deal
First, what happened this week, that triggered me to finally look into Hims?
$HIMS and $NVO have partnered up! The partnership introduces Wegovy through the $HIMS platform. They bundle this with healthcare services which cost $599 per month.
Investors were terrified that $HIMS was too reliant on GLP-1s. They feared that a revenue stream driving +90% growth in Q4 was about to go to 0 overnight, and that Novo Nordisk would sue $HIMS into the ground.
This deal is likely to completely eliminate all these risks. Both companies are saying: โthe first step in a long relationship''.
So, that got me thinking; Is $HIMS for me?
Let's start with the good: