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GainersToday.com, Tracking Stock Market Picks
Enter Symbol:
 
Medifast Inc (MED) [hlAlert]

Rating:
Buy MED
down 19.87 %

Medifast (MED): Mike Turner's top pick for 2010

Posted on: Saturday,  Feb 20, 2010  9:54 PM ET by The Stock Advisors Top Stocks For 2010

The Stock Advisors Top Stocks For 2010 rated Buy Medifast Inc (NYSE: MED) on 12/24/2009, when the stock price was
$34.81. Since then, Medifast Inc has lost 19.88% as of 01/11/2016's recent price of $27.89.
If you would have followed this The Stock Advisors Top Stocks For 2010's recommendation on MED, you would have lost 19.87% of your investment in 2209 days.

Medifast, Inc. (Medifast) is engaged in the production, distribution, and sale of weight management and disease management products and other consumable health and diet products. The Company?s product lines include weight and disease management, meal replacement, and vitamins primarily manufactured in its modern, the United States Food and Drug Administration (FDA) approved facility in Owings Mills, Maryland. The Company?s operations are primarily conducted through five of its wholly owned subsidiaries, Jason Pharmaceuticals, Inc. (Jason), Take Shape for Life, Inc. (TSF), Jason Enterprises, Inc., Jason Properties, LLC and Seven Crondall, LLC. The Company offers a variety of weight and disease management products under the Medifast brand and for select private label customers. It's distribution channels include Medifast Direct, Take Shape for Life, Medifast Weight Control Centers and Medifast Physicians.

Looking for a shopping list of new stock ideas for 2010? Each year for 27 years, TheStockAdvisors.com has turned to the nation's most respected and well-known newsletter advisors and asked them for their single favorite stock or fund ideas for the coming 12 months. With 80 advisors participating in this year's survey, there's something for every type of investor, from high quality blue chips to speculative home runs. While past performance is never a guarantee of future results, we would note that the stocks chosen by the 75 advisors participating in last year's report outperformed the general market by nearly 80%. Specifically, the 75 stocks and funds selected for our 2009 Top Picks report recorded an average year-to-date gain of 34%, versus a 19% gain by the broad market over the same period. Gainer's Today tracks stock picks and ranks the accuracy of 120 investment research firms. As of 12/23/09, our 2009 Top Picks report was ranked #1 for the past year. Kudos to all the participating advisors. The stocks and funds chosen for this report are the best ideas of the nation's top advisors at this current time. However, company fundamentals and market conditions change, and a stock that is considered a strong buy today can become a sell based on future events. As always, we caution all investors to only use these ideas as a starting place for your own research and only buy stocks that meet you personal investing criteria, risk parameters, and investment time horizon.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/24/2009 4:00 PM Buy
None
34.81
as of 12/31/2009
1 Week down  -29.99 %
1 Month down  -29.99 %
3 Months   
1 YTD down  -29.99 %

(*) Stock Price at the time of the recommendation.
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