10 Best Canadian Stocks To Watch Right Now

10 Best Canadian Stocks To Watch 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 Jayson Derrick]

  Shares of Nu Skin (NYSE: NUS) were halted for the fourth time mid-Thursday afternoon after plunging more than 30 percent; yesterday, shares fell 16 percent.

• [By Magic Diligence]

  We've written about Neustar recently, with a positive opinion of the company. However, I also commented that the number portability contract renewal was a key risk. That risk looks even more acute considering the firm's comments about a second proposal being rejected by NAPM. It is rather mind-boggling that management would goof on such an important piece of business - it is well over half of the company's revenue. But a Neustar without that contract is an entirel! y different company altogether, and the risks are too large now. PASS.

  Nu Skin (NUS) - down 43.1%

  The Magic Formula's biggest winner of 2013 has so far been its biggest loser of 2014. There are few groups of stocks more manipulated and volatile than the multi-level marketing firms, and this year's fear is China cracking down on the MLM business model. The People's Daily paper in China accused Nu Skin of being an illegal pyramid scheme in January, which was followed by the announcement of a government probe. This is quite important as China now represents half of the company's revenue, and grew 4-fold in the most recent quarter! Frankly, I'm less focused on the probe than the valuation... Nu Skin isn't really that cheap anyway, even after a 40% drop! PASS.

• [By Rich Bieglmeier]

  Overall: there is too much risk, in our opinion, to get in front of Nu Skin Enterprises, Inc.'s (NUS) earnings report. Although, the company's EPS-driven price response suggest a significant swing is coming. Investors could play it both ways with an options straddle.

source from Top Penny Stocks For 2015:http://www.topstocksforum.com/10-best-canadian-stocks-to-watch-right-now-4.html