Top 5 Canadian Stocks To Own Right Now: Nu Skin Enterprises Inc.(NUS)
Nu Skin Enterprises, Inc. develops and distributes anti-aging personal care products and nutritional supplements worldwide. The company sells its personal care products under the Nu Skin brand; and nutritional supplements under the Pharmanex brand. Its personal care product line includes core systems, targeted treatments, total care, cosmetic, and Epoch, a product formulated with botanical ingredients. The company?s nutritional supplements product line comprises micronutrient supplements, targeted solution supplements, and weight management products. It also sells Vitameal, which are nutritious meal products for starving children or purchased for personal food storage. In addition, the company offers other products and services consisting of digital content storage, water purifiers, and other household products. It sells its products primarily through a network of independent distributors in north Asia, the Americas, Greater China, Europe, and the south Asia/Pacific. The c ompany also operates retail stores to sell its products in China. As of December 31, 2010, Nu Skin Enterprises operated 40 stores throughout China. The company was founded in 1984 and is headquartered in Provo, Utah.
Advisors' Opinion:- [By Ben Levisohn]
The FTC’s decision to investigate Herbalife (HLF) came with collateral damage for all multi-level marketers, including Nu Skin (NUS) and Usana Health Sciences (USNA).
- [By Jonathan Berr]
Earlier this year, Chinese newspapers reported claims that Nu Skin (NUS), which provides personal care products, violated the country’s pyramid scheme losses. Although NUS stock was rallying today, shares still remain down more than 40% this year. NuSkin gets more than half of its revenue from the most populous country. Avon (AVP), which is fighting double-digit de! clines in representatives, is off about 15%. Tupperware is off similarly.
- [By Ben Levisohn]
Shares of NuSkin (NUS), which has its own China problems, have fallen 2.6% to $71.10 at 1:38 p.m. after being up much of the day, while Usana Health Sciences (USNA) has dropped 5.78% to $68.80 after being up as well. Prices are moving fast, so these will have changed by the time you read this.
source from Top Stocks Blog:http://www.topstocksblog.com/top-5-canadian-stocks-to-own-right-now.html
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