Tuesday, November 28, 2006

Nutrition!

Here at Stocks by Ira we like to take a look at companies that are in the turnaround mode. Nutrition 21(NXXI), looks like it is ready to swing for the fences as its company changed its whole business model from selling ingredients to selling consumer health products. While for the quarter the loss widened it was due in part by getting their brand out there with sales and marketing expenses. On a good note, Revenue increased 30%, all the company needs to do now is cut costs and they will be in business.
Current Price: $1.46
Traget Price: 1.75

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