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July 30, 2007

SpeculatingStocks.com Stock Pick: Lifeway Foods, Inc. (LWAY)

Stock Price: $12.26


Lifeway Foods, Inc. engages in the manufacturing and marketing of probiotic, cultured, functional dairy and non-dairy health food products in the United States. The company offers kefir, a drinkable dairy beverage under the Lifeway Kefir brand name.

LWAY reported sales of $9.71 million for the most recent quarter, up 53% from the same quarter in 2006. The company has grown revenue from $16.31 million in 2004 to $20.13 million in 2005 to $27.72 million in 2006, while increasing profits each year.

The company has continued to launch new products successfully. LWAY recently launched their new Lassi drink available in mango and strawberry flavors in a "Grab and Go" container. Lassi is an ethinic drink traditionally in South Asia. We believe this new product offerring will be a success for LWAY.

LWAY has corrected from a recent 52-week high of $14.88 with the 50-day moving average approaching fast as a support level.

 
     
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