I like the stock-mostly. GNC is a rather big name, and the biggest name in the U.S. supplement industry. I could see it jumping into 30's here eventually especially if market stays good. Vitamin shop had a similar take off (VSI)/. Fundamentals look solid, with only two things I do not like right now which are holding me back from making a big investment in it. Any thoughts on these problems and the future??
1) DEBT- a very very high amount of long term debt
2) not the first time it went public. Not a good sign.
Personally I wouldn't be too worried about their debt they had 23 consecutive earning quarters, a great balance sheet showing that they are improving everywhere and still able to consistently pay off debt. And for them going public they are about twice the size from when they last went public. That's a game changer... I think in general this industry will only continue to grow and GNC will be among one of the leaders in this industry.