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Enter Symbol:
 
Medifast Inc (MED) [hlAlert]

Rating:
Buy MED
up 8.86 %

Medifast Inc (MED) rated Buy by Janney Mntgmy Scott

Posted on: Thursday,  May 26, 2011  8:25 AM ET by Janney Mntgmy Scott

Janney Mntgmy Scott rated Buy Medifast Inc (NYSE: MED) on 05/26/2011, when the stock price was $25.62. Since
then, Medifast Inc has gained 8.86% as of 01/11/2016's recent price of $27.89.
If you would have followed this Janney Mntgmy Scott's recommendation on MED, you would have gained 8.86% of your investment in 1691 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.

We are committed to providing innovative, wealth-building investment solutions through original thought, proprietary data and access to company managements, industry leaders and our analysts. Janney’s enduring commitment to primary research coincides with an investment acumen that recognizes our core responsibility – to make money for our clients. Our analysts strive to identify the emerging and sometimes hidden themes that can provide investors a superior return over time.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/26/2011 8:25 AM Buy
None
25.62
as of 12/30/2011
1 Week down  -8.41 %
1 Month down  -1.36 %
3 Months down  -15.04 %
1 YTD down  -46.44 %

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