$NUS increasing expectations for 2Q revenue

Smart Insider $NUS increasing expectations for 2Q revenue

$NUS increasing expectations for 2Q revenue

Nu Skin Enterprises yesterday raised second quarter revenue guidance. The shares are up 81% since we positively rated the stock on the 24th of March on CEO buying. This is what we said:

Ritch Wood (CEO, joined 2002) purchased 10,000 shares at $20.25, spending $202,000 and increasing his holdings to 153,000 shares. Wood has made 3 prior purchases in this stock, with an average six-month return of 31%. His last purchase was in March 2016 and was very timely. He is the only recent buyer. We are ranking the stock +N.

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