Credit: Shutterstock photoA study of analyst recommendations at the major brokerages shows that Herbalife Ltd. (Symbol: HLF) is the #75 broker analyst pick among those stocks screened by The Online Investor for strong stock buyback activity. To make that list, a stock must have repurchased at least 5% of its outstanding shares over the trailing twelve month period. In forming the rank, the analyst opinions from the major brokerage houses were tallied, and averaged; then, the list of stocks with strong buyback activity was ranked according to those averages.
According to the ETF Finder at ETF Channel, HLF makes up 2.88% of the First Trust Consumer Staples AlphaDEX Fund ETF ( FXG ) which is trading lower by about 0.2% on the day Thursday.
HLF operates in the Consumer Goods sector, among companies like Procter & Gamble Co. ( PG ) which is up about 0.6% today, and Colgate-Palmolive Co. ( CL ) trading lower by about 0.4%. Below is a three month price history chart comparing the stock performance of HLF, versus PG and CL.
HLF is currently trading down about 0.3% midday Thursday.
Top Analyst Picks With Strong Stock Buyback Activity »
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
