"Based on highly favorable feedback and encouraging pre-launch enthusiasm from senior-level Nu Skin distributors we have surveyed, we believe the upcoming fall launches of a new ageLOC skin care product for the body (and related new Galvanic Spa device), and a new nutritional supplement called R2, will act as key fundamental catalysts to earnings performance in upcoming quarters," A Wedbush analyst wrote after the company's latest earnings release on August 31.
The analyst said the expected success of its upcoming product launches should solidify Nu Skin's reputation in the direct-selling industry and boost its shares about 20 percent higher than those of its competitors.
Today, the stock is up 0.65 to a new high of 44.28
Here is the weekly chart:
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