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Nutrisystem Crosses 6% Yield Mark

Yep. Nutrisystem (NASDAQ:NTRI) is paying six percent. And it's sustainable. The cash flow numbers are solid, and the company expects to cover the dividend and implement a buyback that, at currently depressed prices, would cover nearly half of the market shares outstanding.

I've covered NTRI in depth over the past few months, but it's really a solid buy now. Yes, the company is struggling against Weight Watchers (NYSE:WTW). But the management is shareholder-friendly and the company is throwing off substantial cash. Add in the $1.32 in net cash it already has -- enough for a 12% repo or two years' of dividends -- and NTRI is one of the strongest stocks on my watchlist.