Nutritional and personal care products developer USANA Health Sciences (USNA - Cramer's Take - Stockpickr - Rating) has been upgraded to a buy from a hold. Its revenue increased by 16.9% in the third quarter compared with the same period last year. Earnings improved to 70 cents a share from 55 cents per share over the same timeframe.
The company's return on equity improved to 184.53% in the third quarter compared with 78.97%, a signal of significant strength within the corporation. This return on equity greatly exceeds that of both the industry average and the S&P 500. USANA Health had been rated a hold since August 2007.
http://www.thestreet.com/_iwon/s/stock-upgrades-downgrades-from-thestreetcom-ratings/newsanalysis/ratings/10385241_3.html
Thursday, October 18, 2007
USANA Health Sciences Stock Upgraded
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