As much as I want to say that more states and more growth will help PBH price I only see their price following the trend of the industry. Most companies are down 60% from their high's and only a clear move up the line in market share will move the price. I don't see HG Vora pushing for a takeover next year as they know the industry as a whole is deflated. There will also be pressure with higher interest rate talks on these companies as their profits are so far in the future. Honestly it's a sit and forget type of stock for 3-5 years.
PBH Price at posting:
$7.05 Sentiment: Hold Disclosure: Held
(20min delay)