5 Best Day Trading Stocks to Buy Now

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In this article, we will discuss: 5 Best Day Trading Stocks to Buy Now. For more stocks, you can head to 11 Best Day Trading Stocks to Buy Now

5. Hims & Hers Health, Inc. (NYSE:HIMS)

Number of Hedge Fund Holdings: 39

Investment bank Barclays discussed Hims & Hers Health, Inc. (NYSE:HIMS)’s shares on March 11th. It raised the share price target to $29 from $25 and kept an Overweight rating on the stock. Barclays commented that the fact that Hims & Hers Health, Inc. (NYSE:HIMS)’s shares had performed well after its agreement with Novo Nordisk indicated that the firm’s legal woes were behind it. Barclays added that the market appeared to be underestimating the opportunities for new products from new products.

Barclays coverage came after Novo Nordisk announced that it had decided to drop its legal action against Hims & Hers Health, Inc. (NYSE:HIMS) for what the healthcare company dubbed an illegal compound dispute. Novo had taken the action after Hims & Hers Health, Inc. (NYSE:HIMS) had announced that it would sell its own weight loss pill. The development came after the pair had ended their partnership last year to provide discounted weight loss shots to Hims & Hers Health, Inc. (NYSE:HIMS)’s customers.

Hims & Hers Health, Inc. (NYSE:HIMS) is a health platform that offers prescription and non-prescription products to consumers. The firm is headquartered in San Francisco, California.

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