Do you think they will face competition from Amazon? I saw several medical ads from Amazon when I was in the States for the holidays. I believe they were for medication and telehealth.
I think that Amazon got a couple of things against it self. 1. People want personalized healthcare and that doesn’t connect with the brand from amazon. 2. Hims got 49% of the telemedicine. 3. And maybe theire is going to be a moment in time that the American government going to breakup Amazon beceause it’s going to be to big. 4. Amazon doesn’t make theire own medicine.
they tried to get a foot into that business for quite a time already. Now that Hims is making big progress and revenue/customer growth, they seem to try again. But based on the growing number of personalized customers, I don't think Amazon will dampen the growth of Hims anytime soon even if Amazon gets to make it work this time. I'm still very bullish and remain so if the development continues this way for Hims.
Fantastic video, HIMS is one of the best (if not the best) opportunities in the market, especially for true long term investors 5+, even 10+ yrs.
Thanks Travis! Always appreciate your content!
Great insight! Can’t wait for Q4 earnings.
Do you think they will face competition from Amazon? I saw several medical ads from Amazon when I was in the States for the holidays. I believe they were for medication and telehealth.
I think that Amazon got a couple of things against it self.
1. People want personalized healthcare and that doesn’t connect with the brand from amazon.
2. Hims got 49% of the telemedicine.
3. And maybe theire is going to be a moment in time that the American government going to breakup Amazon beceause it’s going to be to big.
4. Amazon doesn’t make theire own medicine.
they tried to get a foot into that business for quite a time already. Now that Hims is making big progress and revenue/customer growth, they seem to try again. But based on the growing number of personalized customers, I don't think Amazon will dampen the growth of Hims anytime soon even if Amazon gets to make it work this time. I'm still very bullish and remain so if the development continues this way for Hims.
Love it
GLP 1's are a small fraction of their business. my problem with them is they have no moat and lot's of competition
How do you expect a 5.5B dollar company to have a big moat? It's getting into the mid cap zone still a small cap company
@ my expectations are irrelevant to the situation and the size of the company is irrelevant to having a moat. Perhaps you don’t understand the concept
@@MileHiMilesjust because you’re not smart enough to understand the moat doesn’t mean they don’t have one.
I sold my position 109% it will fall and fall and I will buy again