Now that we are in a new year and a new decade, Americans are making their New Year's resolutions, everything from losing weight to getting a new job to exercising more. Fortunately, there are many publicly traded companies that are available to fill these needs. For example Weight Watcher's International Inc. (WTW), founded in 1963, is one of the oldest weight loss companies. The stock has a forward P/E of 10.4, and pays a fairly generous yield, at least compared to other New Year's stocks, of 2.4%. The company just declared another dividend of 17.5 cents per share, and went ex dividend on December 31, with a payable date of January 15.
Another company that has a lot of weight loss customers around the world is Herbalife Ltd. (HLF). The company, which also provides nutritional supplement and personal care products, has a forward P/E of 11, with a yield of 2%.
For those that want to exercise more this year, you first need to have the right clothing. Lululemon Athletica Inc. (LULU) is a Vancouver, Canada based company that produces and markets fitness related apparel for yoga, running, dancing, and other exercise related activities. The stock has a forward P/E of 32.4, which is a bit on the high side compared to its competitors.
Once you have the clothes, you can join the health club. Life Time Fitness Inc. (LTM) operates sports, athletic, and fitness centers. The stock has a forward PE of 12.7.
Once you have your weight and health under control, maybe you want to look for a new and better job. Robert Half International Inc. (RHI) is the Menlo Park, California based provider of temporary and permanent staffing around the world. The stock has a very high P/E of 65.2, but does pay a yield of 1.8%.
Last but not least, if you are single, maybe now is the time to start looking for a mate. IAC/InterActiveCorp. (IACI) owns two of the largest online dating services, Match.com and Chemistry.com. The stock has a forward P/E of 28.9.
If you want to see a free downloadable Excel databased of a dozen New Year's Resolution stocks, half of which pay dividends, check out WallStreetNewsNetwork.com.
Disclosure: Author does not own any of the above.
Source: Six New Year's Resolution Stocks
