2 Hot Stocks Up 30% This Year That Wall Street Thinks Can Still Go Higher
The S 500 is up 15% this year, and there are many stocks that have been performing much better than that. Shares of Hims Hers Health (NYSE: HIMS) and Viking Therapeutics (NASDAQ: VKTX) have been some of the hottest healthcare stocks to own in 2023, rising by over 30% this year. And according to analysts, there could be even more upside for them.
Telemedicine company Hims Hers focuses on sensitive consumer issues such as hair loss and sexual health. It has carved out a niche nook for itself, with sales soaring over the years.
From less than $83 million in 2019, the top line climbed to nearly $527 million last year. It remains unprofitable, but business has been booming.
Source Fool.com