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Bull of the Day: Nautilus (NLS) - Bull of the Day

My birthday is in late September so ultimately what happens is I have a mini-crisis every year. My mother calls it me getting "Squirrely." I usually end up doing something I'll soon regret like trading in my car for a faster one with worse gas mileage, breaking up with my girlfriend for no reason, or buying a dog. It's like a have a mid-life crisis every year. It's horrible.

This year I did something that was actually positive for a change. I took my fluffy self to the gym, signed up with a trainer, and started watching what I ate. Now, most people don't do that sort of thing in October, it's more of a January thing. The summer brings that as well as people realize they are looking for that beach body they go show off. Today's Bull of the Day is trying to help you find that beach body. It's Zacks Rank #1 (Strong Buy) Nautilus ( NLS ).

Nautilus helps people achieve a fit and healthy lifestyle through proper exercise, rest and nutrition. Their brand portfolio includes Nautilus, Bowflex, SchwinnFitness, StairMaster and Trimline. The company isn't satisfied with whipping your body out of shape, now the stock wants to work out your investment portfolio. It's got a Momentum Style Score of "B" and sits in an industry that ranks in the Top 9% of our Zacks Industry Rank.

There's been a bullish aura surrounding Nautilus for the last month or so. Analysts have under estimated this company for several quarters. Last quarter, earnings came in at 34 cents per share versus our Zacks Consensus Estimate for 23 cents. Two quarters ago, the company earned 9 cents versus consensus estimates for 5 cents.

Analysts have adjusted and have increased their estimates for the current year and next year. The estimate revisions for the current year have taken the Zacks Consensus Estimate up from 73 cents per share to 82 cents per share for the current year and up from 82 cents to 92 cents for next year.

The bullish sentiment is evident in the stock's price as well. Huge volume following up on the earnings beat helped push the tock from $17 all the way to $20. From there the stock drifted towards a fresh 52-week high of $22.95. A weak market and some volatility took shares down to $20.51 just a few short trading days ago. The bearish pattern took the commodity channel index down to extreme oversold levels below -100 at -116.91. This looks like a great time to add a small position, with a stop loss just shy of $20 you could limit your risk and create fantastic upside potential.

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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.

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