NIA announced Lifeway Foods (LWAY) on June 7th as its new #1 Pea Protein Play. Since then, LWAY has been the 7th largest percentage gainer on the entire NASDAQ exchange, rising by 80.48% to a closing price last week of $3.79 per share! For comparison, Beyond Meat (BYND) during this same time period has gained by only 54.9% making it the 14th largest percentage gainer on the NASDAQ!
This past Thursday at 12:45PMEDT, LWAY announced plans to create Plantiful + CBD, a new CBD-infused version of its recently launched pea protein probiotic plant-based beverage line called Plantiful! By combining pea protein and probiotics with CBD, we believe LWAY's Plantiful + CBD will become one of America's best selling beverage products!
LWAY immediately exploded on Thursday afternoon, rising by $1.86 or 64.36% to reach a new eleven month high of $4.75 per share! From LWAY's Thursday intraday high of $4.75 per share, it briefly dipped by $1.50 or 31.58% to a Friday afternoon bottom of $3.25 per share. After finding HUGE support at $3.25 per share, LWAY began to bounce big late on Friday, rallying from its bottom by $0.54 or 16.62% to close at its high of day of $3.79 per share!
One week ago with LWAY trading for $2.53 per share, NIA ranked LWAY as its #2 favorite overall stock suggestion with a confidence rating of 95 (on a scale of 1 to 100). Amazingly, LWAY has gained on every single trading day since then, rising by 49.8% last week on total volume of 2.65 MILLION shares!
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. NIA has purchased 10,000 shares of LWAY and intends to sell for a profit in the future. Never make investment decisions based on anything NIA says. This message is meant for informational and educational purposes only and does not provide investment advice.