Hello everyone! Today i want to share some trading skills with you!
$Oscar Health, Inc.(OSCR)$ earnings dropped, nothing unexpected.
Revenue of $2.86B vs $2.92 Est. ❌
EPS of -$0.89 vs -$0.88 Est. ❌
Healthcare is going through a great reset.
OSCR is going at the right direction.
Revenue doubled YoY and it added 500,000 members.
They mispredicted the activity rates and medical costs, so the loss ratio is off the roof, just like the whole healthcare sector.
It won’t remain this way.
The sector accurately predicted medical costs and activity rates before 2023, they’ll return to that for sure.
If you can deploy capital with an illiquid mindset, healthcare now offers a great opportunity.
OSCR, in particular, will surely be an at least 3-4x stock in the next couple years.
You just need to have courage, buy now, and hold with patience.
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