Is TVTY - Tivity Health a good pick now that it is beaten down to 52 W lows
While this idea has been considered in far greater detail on a recent Seeking Alpha (SA) article , this post seeks to consider or explore the bullish options from a simpler intuitive aspect. Here is the current price and basic fundamentals picture of this ticker: Source: Yahoo Finance The spike on Friday was possibly a reaction to the SA article and realization that the sell-off in this counter was overdone. The market did not like the NTRI - Nutrisystem acquisition made by this company, along with the subdued revenue guidance. Unfortunately the weight loss industry is not in the good books of the market, as seen in the slide back of WTW - Weight Watchers price from the low $100's to the sub-$20's now. From a contrarian perspective, it is too early to write off the weight loss industry. NTRI has been a pioneer in weight loss diets innovation in the past and Weight Watchers is also working on an image and strategy revamp with the help of Oprah Winfrey. Technica...