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Thursday
Jul192012

Take stock of CNBC segment on the health club industry

Being mentioned as the "hot stock" on a national program is never a bad thing.

OK, having Jim Cramer, host of CNBC's "May Money" show, promote fitness-related stocks on his show is not quite a lock solid endorsement or giving it the "hot stock" tag. But it is a good thing for the industry.

He singled out two companies for his head-to-head comparison: Life Time Fitness and Town Sports International (owners of Boston Sports Club, New York Sports Club, etc.). 

After running through all the particulars he sided with Life Time, due to lower debt, higher room for growth, better amenities, etc.

Overall, he felt that with the obesity epidemic upon us and not ending anytime soon, the need to health clubs is not ending anytime soon. 

Click for the story or the video.

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