Vanity Stocks Nu-Skin (NUS), ULTA, HIMS Offer Upside Potential

Group 1: Market Trends and Stock Performance - The holiday week has seen significant gains in stocks related to diet drugs, referred to as the "vanity" trade, including IPAR, ELF, ULTA, and HIMS, alongside the Retail sector ETF (XRT) [1] - Nike (NKE) and Nu Skin (NUS) are highlighted as stocks that could perform well moving forward, with NUS showing gains today [1] Group 2: Nu Skin Company Overview - Nu Skin is an American multi-level marketing company specializing in personal care products and dietary supplements [2] - The company faced a scandal in 2016, resulting in a $47 million class-action settlement and a$750,000 fine from the SEC due to allegations of bribery [3] Group 3: Recent Developments and Financial Performance - Since 2022, Nu Skin has launched new products, including the RenuSpa iO, which are integrated beauty and wellness devices endorsed by Venus Williams [3] - In the third quarter, Nu Skin's revenue missed analyst estimates by 2.5%, but its EPS exceeded estimates by 17% [3] Group 4: Technical Analysis - The NUS stock chart indicates that since early 2023, the price has not cleared the exponential moving average (EMA), which is significant for potential breakout [3] - The EMA aligned with the 50-week and 200-week moving averages in January 2023, but they are now far apart, suggesting a compelling breakout opportunity if NUS clears the EMA [3] Group 5: Market Indicators - The Retail sector (XRT) is bullish above 84, with 80 as price support [5] - Other market indicators include pivotal price levels for major indices such as S&P 500 (575 support, 600 resistance) and Russell 2000 (new all-time high) [5]