NEW YORK (TheStreet) -- Herbalife (HLF) was falling -6.5% to $56.90 Monday after Pershing Square Capital CEO Bill Ackman said he will give a presentation detailing "why Herbalife is going to collapse" on Tuesday.
Ackman will detail an investigation into the company's nutrition clubs according to Business Insider. Ackman claims to have hundreds of hours of video, audio, and internal documents to support the claims in his presentation.
The presentation will take place at 10 a.m. ET Tuesday, and Ackman said that Herbalife CEO Michael Johnson is invited to attend.
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TheStreet Ratings team rates HERBALIFE LTD as a Buy with a ratings score of B-. TheStreet Ratings Team has this to say about their recommendation:
"We rate HERBALIFE LTD (HLF) a BUY. This is driven by some important positives, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, good cash flow from operations, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income."
Highlights from the analysis by TheStreet Ratings Team goes as follows: