Why Hims Is a 10x Stock

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  • āđ€āļœāļĒāđāļžāļĢāđˆāđ€āļĄāļ·āđˆāļ­ 3 āļŠ.āļ„. 2024
  • Hims & Hers (NYSE: HIMS) has been on a growth tear as it reaches more customers and customizes offerings in ways traditional pharmacies can't. And those advantages open up an enormous market for the company. Travis Hoium digs into the competitive advantage and how Hims & Hers keeps growing in this video.
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    00:00 Introduction to HIMS and Hers
    00:36 Business Model and Market Potential
    01:58 Financial Overview
    02:37 Strategic Advantages and Vision
    03:47 Product Differentiation and Expansion
    07:21 Future Growth and Market Opportunities
    09:22 Conclusion and Investor Insights

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  • @asymmetricinvesting
    @asymmetricinvesting  āļŦāļĨāļēāļĒāđ€āļ”āļ·āļ­āļ™āļāđˆāļ­āļ™

    💰 If you like this video, check out my free Asymmetric Investing Newsletter for more investment analysis: asymmetric-investing.beehiiv.com/subscribe?

  • @ABC-ri9sx
    @ABC-ri9sx āļŦāļĨāļēāļĒāđ€āļ”āļ·āļ­āļ™āļāđˆāļ­āļ™ +2

    They were able to grow in areas not covered by insurance. But when it comes to areas covered by insurance, their prices may not beat traditional pharmacy. But I hope their model become more prevalent in healthcare

  • @michael2275
    @michael2275 āļŦāļĨāļēāļĒāđ€āļ”āļ·āļ­āļ™āļāđˆāļ­āļ™ +6

    Bought 2000 shares at $6.75. Free riding on 650 shares now after taking some profits in the high teens, let's see where this goes.

    • @TheTipsyTurtle
      @TheTipsyTurtle āļŦāļĨāļēāļĒāđ€āļ”āļ·āļ­āļ™āļāđˆāļ­āļ™ +1

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      @ledoug6014 āļŦāļĨāļēāļĒāđ€āļ”āļ·āļ­āļ™āļāđˆāļ­āļ™ +1

      Big ws I only went in at 200 shares at $6

    • @ahmadkanafani7603
      @ahmadkanafani7603 11 āļ§āļąāļ™āļ—āļĩāđˆāļœāđˆāļēāļ™āļĄāļē

      W

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    @ScottBruceman 21 āļŠāļąāđˆāļ§āđ‚āļĄāļ‡āļ—āļĩāđˆāļœāđˆāļēāļ™āļĄāļē +12

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      @NimaOmaisj 21 āļŠāļąāđˆāļ§āđ‚āļĄāļ‡āļ—āļĩāđˆāļœāđˆāļēāļ™āļĄāļē

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      @jamesshaver2247 21 āļŠāļąāđˆāļ§āđ‚āļĄāļ‡āļ—āļĩāđˆāļœāđˆāļēāļ™āļĄāļē

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      @user-ns7ij5me7j 21 āļŠāļąāđˆāļ§āđ‚āļĄāļ‡āļ—āļĩāđˆāļœāđˆāļēāļ™āļĄāļē

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      @ArturoM.Dykstra-55 21 āļŠāļąāđˆāļ§āđ‚āļĄāļ‡āļ—āļĩāđˆāļœāđˆāļēāļ™āļĄāļē

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    • @Adams52523
      @Adams52523 21 āļŠāļąāđˆāļ§āđ‚āļĄāļ‡āļ—āļĩāđˆāļœāđˆāļēāļ™āļĄāļē

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  • @sidpomy
    @sidpomy āļŦāļĨāļēāļĒāđ€āļ”āļ·āļ­āļ™āļāđˆāļ­āļ™

    Sold my long position when it breached $20 for a... significant profit. Made good money in AI stocks in the interim but I'd still like to buy back in sometime this year, maybe soon with the recent bearish turn.

  • @Roy-BBQn
    @Roy-BBQn āļŦāļĨāļēāļĒāđ€āļ”āļ·āļ­āļ™āļāđˆāļ­āļ™

    Thanks for the info on HIMS. I’ve heard snippets around TH-cam but trust your analysis.
    I don’t understand the strength of its MOAT so I’ll pass on this for now.
    Do you know about SHLS and or NTVS ?
    Seems like a a strong moat and increasing sales but still dropping stock price. Maybe a good company and poor stock or just getting ready to tick higher?
    Thanks for your videos
    BBQ

  • @michaelkrautz935
    @michaelkrautz935 āļŦāļĨāļēāļĒāđ€āļ”āļ·āļ­āļ™āļāđˆāļ­āļ™

    I am up 75% in the last 2 months on this stock after buying at 14$. I’m now down 35% in the last couple days. Should I sell? Or keep holding.

  • @itskeaton7249
    @itskeaton7249 āļŦāļĨāļēāļĒāđ€āļ”āļ·āļ­āļ™āļāđˆāļ­āļ™

    Are you worried about HIMS inability to compete with medication covered by insurance? Do you see a solution to that?

  • @TheChinaPlay
    @TheChinaPlay āļŦāļĨāļēāļĒāđ€āļ”āļ·āļ­āļ™āļāđˆāļ­āļ™ +2

    It's a momentum stock right now. Hit its stride with the fat loss pill news. I think it gives it all back. It's on my watchlist but I don't see a compelling business. Can't 10x selling generics even if expanding the TAM, stiff competition likely coming too. Short term trading stock, not long term hold, in my opinion.

  • @freeasabird286
    @freeasabird286 āļŦāļĨāļēāļĒāđ€āļ”āļ·āļ­āļ™āļāđˆāļ­āļ™

    Question about 10x on hims. Others were calling 10x at 11$. Now its at 22$. If its 10x at 22$, then it will be 20x from the 11$, i guess :)

    • @antonios293
      @antonios293 āļŦāļĨāļēāļĒāđ€āļ”āļ·āļ­āļ™āļāđˆāļ­āļ™ +4

      I see $100 within the next 5 years

    • @sidpomy
      @sidpomy āļŦāļĨāļēāļĒāđ€āļ”āļ·āļ­āļ™āļāđˆāļ­āļ™

      HIMS could easily double or triple within 2-3 years (maybe faster) if things continue as they have been. 10x though? I'd never assume returns like that on any stock - that's pure wishful thinking even if the wish does come true sometimes.

  • @tipkoonline
    @tipkoonline āļŦāļĨāļēāļĒāđ€āļ”āļ·āļ­āļ™āļāđˆāļ­āļ™

    Amazon didn't crush Walmart

  • @Pierrepadda
    @Pierrepadda āļŦāļĨāļēāļĒāđ€āļ”āļ·āļ­āļ™āļāđˆāļ­āļ™

    If this idea works can’t Amazon go in and crush them?😅

    • @tonydumont1821
      @tonydumont1821 āļŦāļĨāļēāļĒāđ€āļ”āļ·āļ­āļ™āļāđˆāļ­āļ™ +1

      That's what I'm wondering

    • @sidpomy
      @sidpomy āļŦāļĨāļēāļĒāđ€āļ”āļ·āļ­āļ™āļāđˆāļ­āļ™ +1

      If anything, I think it's more likely they get bought out than out-competed at this point due to their large (and increasing) user base. Which would no doubt be good for shareholders even if it would end the party.

    • @EmilJurgens
      @EmilJurgens 17 āļ§āļąāļ™āļ—āļĩāđˆāļœāđˆāļēāļ™āļĄāļē

      amazon has already left the market :)

    • @EmilJurgens
      @EmilJurgens 17 āļ§āļąāļ™āļ—āļĩāđˆāļœāđˆāļēāļ™āļĄāļē

      @@sidpomy The CEO has said several times that he does not want to sell HIMS