Skip to main content

There's always a stock rising somewhere - USANA an unlikely candidate

Every week or so I profile a few stocks that fall into the category of "reasonable value" and are showing strong charts. Today I'll submit just one stock, mostly because the recent downturn has played havoc with so many companies charts.

The stock in question is USANA Health Sciences (USNA). According to Yahoo!, here is what the company does: "USANA Health Sciences, Inc. engages in the development, manufacture, and sale of nutritional and personal care products in North America and the Asia Pacific. The company offers two product lines, USANA Nutritionals and Sense. The USANA Nutritionals product line consists of essentials, which include vitamins and mineral supplements. The Sense product line includes personal care products that support healthy skin and hair."

So what we have is a very consumer-driven health care company. Not particularly unique in itself but the company seems to be doing very well. Even with the recent run-up in its stock, it doesn't seem to be over-priced. I'll illustrate what I mean by "reasonable value" by showing the Fundamental analysis tab from the new Trade-Radar Stock Inspector software.


Click graphic above to view larger image

Just check it out - almost every indicator is green.Valuation indicators, debt analysis indicators, revenue and earnings growth and management effectiveness. The company seems to be running on all cylinders.

I mentioned above that the stock had a strong chart so here it is:


You can see that the trending indicators, Aroon, MACD and DMI, are all reasonably bullish. You can also see that prices are bumping up against the topmost Fibonacci line. Could this indicate a buying opportunity coming up?

Disclosure: no positions

If you're interested in seeing more about the Trade-Radar Stock Inspector software, visit the Features page.
Labels:

Comments

Post a Comment

Popular posts from this blog

Brazil - in a bubble or on a roll?

A couple of years ago, no one recognized the real estate bubble even though it was under everyone's nose. Now, analysts and bloggers are seeing bubbles everywhere they look. One of them, they say is in Brazil whose Bovespa stock market index has doubled in the last 12 months. Does the bubble accusation hold water? I don't think so and here are 7 reasons why Brazil is by no means a bubble economy: Exports have held up over the past year thanks to demand from China for Brazil's soya exports and iron ore. This was helped by the the Brazilian government's drive to improve trade links with Asia and Africa. Export diversification, spurred by a more active trade policy and increased focus on "south-south" trade under current president Lula, helped mitigate the decline in demand from OECD (Organization for Economic Co-operation and Development) countries A "sensible" economic framework has been in place since the 1990's. This has included inflation
4 comments
Read more

Thursday Bounce: Trend Busters, Swing Signals and Trend Leaders for July 9, 2009

This is a quick post to announce that we have published Thursday's Trend Leaders, Swing Signals and Trend Busters at Alert HQ . All are based on daily data. Today we have the following: 72 Swing Signals -- A couple of days ago we had 35 signals, today we have twice as many. Happily, we now have 65 BUY signals, a mere 4 SELL Signals plus 3 Strong BUYs. Whoo-hoo! 56 Trend Leaders , all in strong up-trends according to Aroon, MACD and DMI. There are 18 new stocks that made today's list and 60 that fell off Tuesday's list. 48 Trend Busters of which 5 are BUY signals and 43 are SELL signals The view from Alert HQ -- Talk about mixed signals. If you look at our Swing Signals list you would think the market was in the middle of a big bounce. BUY signals are swamping the SELL signals and we even have a few Strong BUYs. Yes, there's a good sprinkling of tech stocks and tech ETFs but the distribution is pretty broad-based with a good number of different sectors represented, eve
1 comment
Read more

Unlock Stock Market Profits - Key #1

This is the first in an ongoing series of articles where I discuss what I feel are keys to successful investing. It is based on a post that provides a summary of the ten keys that individual investors should use to identify profitable stock trades. ( Click here to read the original post ) There are two basic steps to investing. First, you need to find stocks that seem to have some potential. Then you have to determine whether these stocks are actually good investments. There are many stocks that at first glance look interesting, but further research reveals that there are too many negatives to warrant taking a position. This first post in the series starts at the beginning: getting good investment ideas. Key #1: If something special is happening to a stock, it will be reflected in some kind of unusual activity in the markets. As individual investors, we will never be the first to know; however, unusual activity can be an early sign that allows us to follow the Wall Street professional
4 comments
Read more