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Is the beauty industry a good stock to buy?

Newscasters, television show hosts, models, actors, and even politicians have to groom themselves in order to address hundreds of thousands of people daily. Therefore, the beauty industry, made up of global giants, sits right at the top of the stock market when it comes to valuation.

Is beauty health company (skin) a good stock to buy?

The Beauty Health Company (NASDAQ:SKIN) is a small California based firm that makes and sells skincare products and serums. The stock is seeing little love from analysts, as the shares are rated Hold on average. By the end of Q4 2023, 20 out of the 933 hedge funds tracked by Insider Monkey had bought and owned the firm's shares.