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HLF Stock Prediction: Online Sales Will Keep Boosting Herbalife’s Stock Toward $60

The 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.

The stock price of Herbalife was less than $37 when I made my April 27 buy recommendation for it.
HLF’s closing price last July 24 is $50.60. Congratulations to those investors who acted on my April 27 buy recommendation for Herbalife.
Those of you who are not yet ready to do profit-taking, you can hold on to HLF and wait for it to go to $60.
I’m highly confident that the ongoing COVID-19 crisis will continue to be a tailwind for Herbalife. This pandemic is why I Know First still has a very bullish one-year forecast for HLF.
No thanks to COVID-19, Herbalife can wrap up 2020 with annual revenue of $5.25 billion. Herbalife’s revenue last year was $4.88 billion.