- Honest Company has been thrashed from its 52-week high of $17, falling over 80% due to valuation concerns, missed earnings, and a beatdown in small caps as a whole.
- Honest specializes in innovative baby and beauty products while located in over 40,000 retailers. It has a phenomenal management team while its underlying business model remains strong.
- If Honest is able to maintain its large growth rates, it is at an extremely enticing valuation with over 231% upside, presenting a phenomenal opportunity for 2022.
For further details see:
Honest Company: A Quality, Small-Cap Play For 2022