A Fitness Stock With Healthy Upside
Financial fitness comes from buying great companies when their valuations are low. Life Time Fitness (LTM) operates 105 high-end sports, athletic, yoga, rock-climbing, spa and related facilities spread over 26 major markets.
The company's business plan has been quite successful. Earnings per share rose from $0.87 in 2004 to $2.26 in 2011. A preannouncement that last year's earnings would be negatively affected by about $0.07 a share because of Hurricane Sandy torpedoed the shares this week. Life Time had recently been trading above $52 but dropped to $40.71 at 4 p.m. on Tuesday....272 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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