11/14/24 - $hims - Don't overthink it. Buy ~$20.
11/14/24 :: VROCKSTAR :: 
HIMS
Don't overthink it. Buy ~$20.
- great traction
- cash generating
- 20 PE on my #s, 22x on consensus for 20% growth
- no major stock based comp issue
- stock highly rented (call options) by fintwit
- Walmart entering their market is MORE CONFIRMATION that they're the leader and CRUSHING it.
- so while a lot of gamma is probably coming out today b/c of the options + headline + risk off + staples/ discretionary under pressure
- don't overthink it. decent entry here, would be buyer lower, i'm 1.5% size, would add more under $20 and i'm full size back toward 115/SHR (which i don't think we get unless it's market related - in which case i'm still comfortable LT)
- also a v rentable stock, so as it finds its legs again, good shares to own to sell OTM calls (but i'd not do that here!)
V
HIMSDon't overthink it. Buy ~$20.
- great traction
- cash generating
- 20 PE on my #s, 22x on consensus for 20% growth
- no major stock based comp issue
- stock highly rented (call options) by fintwit
- Walmart entering their market is MORE CONFIRMATION that they're the leader and CRUSHING it.
- so while a lot of gamma is probably coming out today b/c of the options + headline + risk off + staples/ discretionary under pressure
- don't overthink it. decent entry here, would be buyer lower, i'm 1.5% size, would add more under $20 and i'm full size back toward 115/SHR (which i don't think we get unless it's market related - in which case i'm still comfortable LT)
- also a v rentable stock, so as it finds its legs again, good shares to own to sell OTM calls (but i'd not do that here!)
V
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.