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Time to Buy Life Time?

Thursday, 20 Oct 2011 | 7:04 PM ET
LTM: Classic Anti-Obesity Play
Mad Money's Cramer says, think of this company as the Whole Foods of the fitness biz, and discusses whether the company can continue to outperform, with Bahram Akradi, Life Time Fitness CEO.

Investors can't control what happens in Europe, Cramer said Thursday, but they can look for high-quality companies that are levered to big, multi-year themes and have nothing to do with the European contagion.

Take Life Time Fitness , for example. Based in Chanhassen, Minn., Life Time has 92 fitness centers in 21 states. Most of its locations, Cramer said, are located in high-income areas. It's a classic anti-obesity play, he said. After all, two-thirds of Americans are overweight and one-third is obese. For those looking to trim down, Life Time offers a great service.

On Thursday, Life Time reported another robust quarter. It was a 2-cent earnings beat off a 65-cent basis with revenues coming in stronger-than-expected, Cramer noted. The stock got hit, though, with the greater market. Is this a buying opportunity then?

To get the lowdown on this sporting activities name, Cramer welcomed CEO Bahram Akradi back on "Mad Money." Check out the video to see the full interview.

Call Cramer: 1-800-743-CNBC

Questions for Cramer? madmoney@cnbc.com

Questions, comments, suggestions for the Mad Money website? madcap@cnbc.com

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