Top 5 Information Technology Stocks To Watch Right Now

Top 5 Information Technology Stocks To Watch Right Now: GNC Acquisition Holdings Inc. (GNC)

GNC Holdings, Inc. operates as a specialty retailer of health and wellness products. It operates through three segments: Retail, Franchise, and Manufacturing/Wholesale. The company's products include vitamins, minerals, and herbal supplement products, as well as sports nutrition products, diet products, and other wellness products. It also manufactures its branded products for various third parties. The company sells its products under GNC proprietary brands, including Mega Men, Ultra Mega, Total Lean, Pro Performance, and Pro Performance AMP, as well as under third-party brands. As of March 31, 2013, it had approximately 8,200 locations, including 6,200 retail locations in the United States; and franchise operations in 55 countries. The company sells its products through company-owned domestic retail stores, domestic and international franchise activities, third-party contract manufacturing, e-commerce, and corporate partnerships. It also offers its products at GNC.com, LuckyVitamin.com, and drugstore.com. GNC Holdings, Inc. was founded in 1935 and is headquartered in Pittsburgh, Pennsylvania.

Advisors' Opinion:

• [By Grace L. Williams]

  Shares of health and wellness retailer GNC (GNC) rose this afternoon on news that its non-executive chairman threw down some cash and bought up some shares.

  On Aug 18, Michael F. Hines bought 30,000 shares for $1 million, an average of $35.44. This marks his third open market transaction on record. His prior two were options exercises and sales.

  Analyst Charles Grom of Sterne, Agee & Leach considers this a bullish move for GNC and writes in a note, "[Hines' purchase is] a nice vote of confidence for shares, which are down considerably in 2014." With the stock down 37% so far this year, we’d say he! ’s right.

  On July 29, GNC slid to a low of $30.84. Shares have climbed since then, and today gained 1.5% to $36.93.

• [By Dan Caplinger]

  Friday gave stock market investors some respite from losses earlier in the week, as major-market benchmarks managed to recover by around a quarter of a percent. Merger and acquisition activity helped bolster stocks in many different parts of the market, but concerns about the sustainability of the economic recovery held others back. Finisar (NASDAQ: FNSR  ) , InterDigital (NASDAQ: IDCC  ) , and GNC Holdings (NYSE: GNC  ) were among the worst performers of the day.

• [By Ben Levisohn]

  But Adler and Kras also spent a good number of words explaining what Vitamin Shoppe isn’t–specifically, it’s not GNC Holdings (GNC):

source from Top Stocks For 2015:http://www.topstocksblog.com/top-5-information-technology-stocks-to-watch-right-now-2.html