Stitch Fix is Ripping Higher! 3 Reasons it can Keep Going

After losing a MASSIVE 98% of its value from the COVID Bubble top, Stitch Fix ( $SFIX ) has spent the last 2 years defining itself, its customer base, and its business model; all on the fly. 

Patient (or more likely new) investors are being rewarded for their patience, faith, and homework. After a bouncy start to the year, shares are starting to reflect the underlying improvements, leaping 20% for the YTD and a zesty 38% in the last month. While such sharp moves are best taken with a grain of salt, I think the party is just getting started for this apparel company targeting folks who can't stand going to stores.

Here are 3 reasons I think the SFIX will keep running into the end of the year and beyond.