Weight Watchers Looking Attractive
Weight Watchers (WTW) is a leader in the global marketplace for weight loss and currently holds about a 4% share in this fractured market. We like the long term trends as more of the developed world ages and deals with obesity and related issues. The stock dropped this week below our low valuation target with earnings guidance in the 3.50 to 4.00 range expected. Given the debt position we are recommending only half of a normal sized position. [PostStockWidget stock_valuation="" pricetype="live" manual_date="Dec. 21, 2012, 2:04pm GMT" symbolcodes="'WTW'" symbolprices="50" div_align="right"]
LOW VALUATION IN WEIGHT WATCHERS UNDER $45.00 (WTW, $44.69)
Purple Chips expects stock to return to $70 in the next 12 to 18 months