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Consumer Products Analyst Doug Lane Discusses How Direct Selling Stocks Have Performed in 2024
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Doug talks about factors impacting the very soft start to 2024 for the publicly traded direct selling stocks, with forward earnings being sharply reduced coming out of the 2023 4Q earnings cycle and forward multiples remaining at generational lows. However, Doug notes that these companies have been around for a while and have seen tough stretches before, and successfully managed through.
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