HLF Stock Forecast: Herbalife Remains A Solid Bet On Multi-Level Marketing
This article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.
Summary:
- It is true that global quarantines from COVID-19 pandemic will continue to be a headwind for a direct marketing firm like Herbalife.
- However, in the long run, Herbalife remains an attractive bet if you like the multi-level marketing industry. It is risky but it could be profitable to go long on HLF while there’s a pandemic.
- HLF’s price will eventually recover after countries start lifting travel restrictions and revoking stay-at-home quarantines.
- Moreover, many enterprising independent distributors are active online sellers of Herbalife products.
- Food supplements like those made by Herbalife are considered essential goods. They can still be delivered to buyers during quarantines.