Weight management services provider Weight Watchers (WTW) recently following rumors that Oprah Winfrey, who has a 10 percent stake in the company, could be considering a run for president in 2020. In 2015, Winfrey announced a huge stake in the company, joined its board of directors, and agreed to an ongoing marketing deal, and since that time the stock has soared a remarkable 650%. Shares gained over 10% after anonymous sources cited that the mega-celebrity was considering a run for the White House earlier this week. WTW has a perfect 100 ranking for its short-term technical trends, and its strong long term ranking, and decent fundamental score gets the stock an overall ranking of 91 from InvestorsObserver’s Stock Score Report. The score is boosted by high fundamental rankings, as well as strong scores on both long and short term technical trends. One thing to watch is the stock’s valuation. WTW has a P/E of 34, but with earnings expected to rise 15.0% per annum over the next five years, there is definitely room for the stock to move higher. The stock is currently trading at $57.38, and analysts have an average price target of $67.50 on the stock.
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