Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of personal-care and nutritional-products supplier Nu Skin Enterprises
So what: That's right, Nu Skin and multi-level marketing rival Herbalife
Now what: Buying or selling a company based on analyst upgrades is never a smart move, and the wild vacillations we're seeing in the sector today are evidence of this. And gaining the ire of David Einhorn is never a great idea. But the biggest beef I have with multilevel marketing companies is that employee turnover is high while customer loyalty remains low, which is a formula that can send profits south in a heartbeat. I'm going to stay far away from this still-uncertain situation.
Craving more input? Start by adding Nu Skin Enterprises to your free and personalized Watchlist so you can keep up on the latest news with the company.