Where Will Hims & Hers Stock Be in 5 Years?

Long-term investing is the key to sustainable returns in the stock market because it smooths out near-term volatility and gives a company time to deliver on its growth or profit potential. This strategy can be particularly useful for smaller growth stocks like Hims & Hers (NYSE: HIMS).

Let's discuss what the next five years could hold for this unique company as it scales its business model and swings toward sustainable profitability.

Founded in 2017, Hims & Hers is a telemedicine company that sells prescription and over-the-counter healthcare products online. It built its brand by focusing on sensitive topics like sexual health, mental health, and hair loss, which people might be uncomfortable discussing in a traditional face-to-face healthcare setting.

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Source Fool.com