Hot Canadian Stocks To Own Right Now

Hot Canadian Stocks To Own 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 CNNMoney Staff]

  Shares of Nu Skin (NUS) surged after the company said it was fined around $540,000 for its business practices in China. The beauty products marketer had previously disclosed that it was being investigated by Chinese regulators, but the relatively small penalty seems to be a relief to investors who had feared a more major regulatory blow.

• [By Anora Mahmudova]

  Nu Skin Enterprises (NUS)  shed 5.8% after it said in a 10-K filing on Tuesday that it expects to be fined and potentially face other sanctio! ns in China following an investigation into its business practices.

• [By Ben Levisohn]

  The FTC’s decision to investigate Herbalife (HLF) came with collateral damage for all multi-level marketers, including Nu Skin (NUS) and Usana Health Sciences (USNA).

• [By Jonathan Berr]

  Earlier this year, Chinese newspapers reported claims that Nu Skin (NUS), which provides personal care products, violated the country’s pyramid scheme losses. Although NUS stock was rallying today, shares still remain down more than 40% this year. NuSkin gets more than half of its revenue from the most populous country. Avon (AVP), which is fighting double-digit declines in representatives, is off about 15%. Tupperware is off similarly.

source from Top Stocks Blog:http://www.topstocksblog.com/hot-canadian-stocks-to-own-right-now.html