Hain Celestial (HAIN) has been a question mark for investors following the stock since the company was forced to delay the release of its 2016 Annual Report due to an "accounting issue" just over a year ago. An independent Audit Review later cleared Hain of any wrongdoing in the matter in November of 2016; questions remained. Doubters were well within in their right to be skeptical of HAIN shares. To be fair, just because the company's officers didn't do anything illegal doesn't make said company a screaming buy. In March, Hain received a notice of non-compliance from NASDAQ due to its late filings. This quasi-exile allowed the company to not only address the accounting issue at hand, but also to analyze what their financial metrics actually are and re-evaluate its business model. HAIN came out of this uncertain time a different company, one with a clear strategic plan and focus.
