Medifast, Inc. (NYSE: MED)
Medifast, Inc. (NYSE: MED) is a company that manufactures and distributes weight loss, weight management, healthy living products and other consumable health and nutritional products.
The company is attractive for a number of reasons, primary among them its dividend yield of 3.71%. In addition, Medifast’s current PE ratio of 12.19 is an attractive one, making this company a particularly high-upside “value” play.
With more than 40 years of experience in the health and wellness space, Medifast, Inc. (MED) has become a remarkable direct-selling company in the industry.
The company is also known for its leading health and wellness community — OPTAVIA — which provides Lifelong Transformation, One Healthy Habit at a Time lifestyle solutions. Given consumers’ rising inclination toward health, the OPTAVIA lifestyle solution and coaching support system bode well.
Medifast, Inc. offers attractive value…an impressive dividend…and is part of an industry that should continue to thrive regardless of the overall market direction.