Note that this stock was upgraded this morning, wait for a pullback before establishing a position!
Herbalife Ltd. (HLF) is a network marketing company. It sells weight management, healthy meals and snacks, sports and fitness, energy and targeted nutritional products, and personal care products worldwide.
It offers science-based products in four principal categories, including weight management; targeted nutrition; energy, sports, and fitness; and outer nutrition. The weight management product portfolio includes meal replacement, protein shakes, drink mixes, weight loss enhancers, and healthy snacks. The targeted nutrition products comprise dietary and nutritional supplements containing quality herbs, vitamins, minerals, and other natural ingredients. The energy, sports, and fitness products consist of products designed to meet the nutritional needs of athletes, such as Herbalife24 product line, which enables athletes to customize their nutrition program based on personal training and competitive demands throughout the day.
The outer nutrition products include skin cleansers, toners, moisturizers, facial masks, shampoos and conditioners, body-wash items, and a selection of fragrances for men and women, as well as anti-aging products. The company also sells literature and promotional materials, including International Business Packs, start-up kits, sales tools, and educational materials, as well as Internet based tools, such as BizWorks, a customizable retail Website for its distributors. Herbalife Ltd. offers its products through retail stores, sales representatives, sales officers, and independent service providers.
Shares have formed a bullish "cup & handle" and higher share prices are expected for this stock.
52-Week Trading Range: $24.24 - $68.00
Entry Point: $65.75
Stop Loss: $62.46
Target Price: $72.32
HLF fell below our stop loss. Position was closed at $61.25.