Physicians Weight Loss Nutritional Supplements

Medifast Inc – Buy @ $22 a share?

http://www.nasdaqshares.com/2011/06/medifast-inc.html

CMP: $22
Medifast, Inc. combines physician-supervised weight loss programs with nutritional supplements and multidisciplinary patient education programs. The Company provides an Internet-based physician and medical practitioner network to consumers. Medifast also provides a corporate wellness program for large corporations, associations, and their health insurance carriers.

Medifast Inc is a small cap with current market capital $318 M. Its currently trading at a P/E of little over 15. Its a high growth stock with bottom-line growing close to 100% in the last 2 years (From $5.5 M to $19.6 M). It has been supported well with good revenue growth (From $105 M to $257 M) and NPM growth (From 5% to 8%). It has strong support at $17 on the chart and can be accumulated on dips.

I agree it do have a very strong support 16-17 on June 21,2009 pps was $8.75 then on may,12,2010 pps 52 Wk hight 36.78 profit almost x 4 awesome good for u! To bad u in @ $22 anyway still a good buy on my opinion it will not drop any more it only up and up ! Future cash flow every where. Good luck ! If I were u 50% profit out and wait for a drop 30% back in.good luck