Herbalife is a multinational company that was founded in 1980 by Mark Hughes. The company deals with a variety of healthcare products ranging from weight management products, dietary supplements, personal care products, as well as sports nutrition. The company headquarters are based in Los Angeles. The company has its focus on its clients living a healthy life as well their distributors making a living on selling the companies’ products.
Since its introduction in the stock market, Herbalife Nutrition company stocks have been on an upward trajectory. The company has an excellent reputation and is a preference for many investors. The company is on an upward trend and has an established global presence. Despite the current fluctuations in currencies, the company has increased volume in crucial markets to sustain its performance. In the last third of 2018, Herbalife has notably witnessed an increase in volume points.
According to stock exchange analysts, the stocks of Herbalife are on the rise. The volume points increase has also depicted double-digit growth in the top four markets among five. The company currently boasts an extensive products portfolio and also continues to expand in order to increase its client’s base as well as sustain the existing clients. Over the last quarter of 2018, the company introduced a total of 59 products in over 50 countries which highly fueled the growth of the company. The company is on track of launching new products too as well as improving the existing products as per the customers’ tastes and preferences.
Herbalife has a strong geographic presence, and its products are accessible to close to a hundred nations. This puts the company in exposure to adverse currency movements as well as stiff competition from companies dealing with similar products. However, Herbalife’s’ management has set the focus on improving its brands as well as building a robust retail network to boost the sales made by the company. This procedure has propelled the company on the right path leading the company to increased stocks. The company has an established performance and a high-income generation strategy which sets it on firm ground for growth and rising stocks in 2019 and beyond.