Here's Why Hims & Hers Health, Inc. (HIMS) is a Strong Momentum Stock

Company Overview - Hims & Hers Health, Inc. is a consumer-centric health and wellness platform that offers personalized healthcare solutions and seamless digital access, launched in 2017 [12] - The company operates on dual revenue streams, which include online subscriptions and wholesale retail, catering to a broad range of health needs across key therapeutic categories [12] Investment Insights - Hims & Hers is currently rated 3 (Hold) on the Zacks Rank, with a VGM Score of A, indicating a solid performance potential [13] - The company has a Momentum Style Score of A, with shares increasing by 59.6% over the past four weeks, suggesting strong upward price momentum [13] - For fiscal 2024, one analyst has revised their earnings estimate upwards in the last 60 days, with the Zacks Consensus Estimate increasing to $0.55 per share [13] - Hims & Hers has an average earnings surprise of 80%, indicating a strong track record of exceeding earnings expectations [13] - Given its solid Zacks Rank and top-tier Momentum and VGM Style Scores, Hims & Hers is recommended for investors' consideration [14]