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Stock #3: NutriSystem Inc. (NTRI)
Times have sure changed for former highflying momentum stock NutriSystem Inc.
(NTRI).
The prepackaged weight management company had been a favorite of the fast money
crowd through 2006. Chinks in the armor began to appear in 2007 that continued in
2008. Remarkably, NTRI has fared fairly well through the credit crisis and market
crash of late 2008. In fact, the stock has rallied nicely off its lows.I think there is more good news to come in January. The company has no debt and
close to $2 per share in cash on the balance sheet. NTRI is profitable, and although
profit growth is tough in this economy, once things settle, NTRI could very well
take off again. Why not start in January?
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