The year 2003 was another good one for publicly traded U.S. nutrition industry offerings. After 2002, when the NBJ rose 10% compared to a 32% decline in the Nasdaq and a 17% decline in the Dow, the NBJ also outperformed these indicators in 2003. The NBJ Price Index rose 62% in 2003 compared to a 50% increase in the Nasdaq and a 25% increase in the Dow in 2003. The NBJ has made up for some rocky years—as demonstrated by the exhibit showing comparative performance of the NBJ, Dow and Nasdaq—and
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