The future for the Herbalife stock is promising due to the company’s stock being popular and a preferred pick amongst prominent investors. While the industry faves a decline of 0.1% annually, the Herbalife stock is experiencing a 68.7 stock surge on the same basis. Herbalife Nutrition is a renowned fitness/ weight management and nutrition company that is gaining power in the stock market due to its global presence, improved volume in the key market, growing demand for healthy living and fitness products and its product portfolio. However, even with the company’s sturdy portfolio, the fluctuating currency poses a threat to its stock trading and the general performance of the Herbalife bull-run in 2019. Below are a number of factors that will affect the growth of the Herbalife Nutrition stocks in 2019.
Currently, the company is experiencing a steady growth in volume points with last year’s points raising by 15%, exceeding the Herbalife management projections for the year. The firm has also been witnessing a yearly growth in volume points since 2012, with the points stated above being the second highest in the same year. The company’s marketing strategies, to keep up with the growing needs and demands from their clients, are working since Herbalife’s volumes indicates a double digits growth in almost all of the top five markets for a second time.
The Herbalife product portfolio includes energy, sports, fitness and weight management products. The company keeps diversifying it’s product portfolio to fully cater for their clients growing needs in order to expand their market reach as well as maintained their clients. The products portfolio has placed the company at a better position to establish their global presence. In the last quarter, the company introduced about 58 products across its market reach which further promoted the company’s growth. The company’s global presence is felt in over 94 countries worldwide enforcing its geographical presence.
Issues With Currency Fluctuations.
With such a wide global presence, the company is exposed to adverse currency changes. Currency headwinds are expected to weigh in and debt the fourth quarter as they did in the third quarter. With the company’s strategy to expand and strengthen their global presence as well as developing a reliable direct-selling network, the company expects to boost their performance and move over the above-mentioned hurdles. https://www.bloomberg.com/quote/HLF:US