Realignment is lending vitamin maker major pep; NBTY's move to share with wholesalers pays off; stock not cheap.(News)(securities)

Crain's New York Business,  December, 2006  by Fredrickson, Tom

Tags: company, security, stock, vitamin

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Byline: Tom Fredrickson One of the biggest winners among New York firms in 2006 has been performing like a company on heavy doses of nutritional supplements, which is what it is. Shares of NBTY Inc.--a maker of vitamins, herbal products and other supplements--have soared 143% this year. They closed Friday at $39.45, a gain of 7% in the past week alone.

The stock is no longer the bargain it once was. It's trading at a lofty 24 times its trailing 12-months per-share earnings, versus a median annual average of 20 over the past five years, according to figures from Capital IQ. ...

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