EXCLUSIVE: Chris Camillo On Connecting The Dots From Social Change To Investment Opportunities
Portfolio Pulse from Aaron Bry
Chris Camillo, host of DumbMoney.tv, discussed how he predicts social changes to drive investment decisions. He mentioned the shifting beauty standards driving weight loss and cosmetic stocks higher, with companies like Novo Nordisk, Eli Lilly, and Inmode benefiting from the trend.
June 16, 2023 | 6:31 pm
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Inmode, a biotech company focusing on non-invasive cosmetic procedures, is expected to benefit from the shift in beauty standards and the increasing popularity of weight loss drugs.
Inmode is mentioned as a tangential play on the weight loss drugs trend. The company focuses on non-invasive cosmetic procedures, which will likely see increased demand as beauty standards shift and consumers spend more on their appearance. This is expected to positively impact Inmode's stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 90
POSITIVE IMPACT
Eli Lilly is also benefiting from the shift in beauty standards, as their weight loss drugs gain popularity on social media platforms like TikTok.
The article mentions that Eli Lilly's weight loss drugs are gaining popularity due to social media sites like TikTok. As beauty standards shift and consumers spend more on their appearance, demand for these products is likely to increase, positively impacting the company's stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Novo Nordisk is benefiting from the shift in beauty standards, as their weight loss drugs gain popularity on social media platforms like TikTok.
The article mentions that Novo Nordisk's weight loss drugs are gaining popularity due to social media sites like TikTok. As beauty standards shift and consumers spend more on their appearance, demand for these products is likely to increase, positively impacting the company's stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80