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On his podcast today, Jimbo mentioned that WalMart is pulling guns from some stores and filling the void with exercise equipment. Then he suggests that a good play on this is to buy Life Time Fitness Inc (symbol LTM).

I’m sure Cramer is a smart guy, and I like Life Time, but it only takes about 10 seconds of web-based “research” to know that they do not sell gym equipment. They are a nationwide chain of fitness centers.

Increased home gym equipment sales might actually hurt these guys. Indeed Life Time themselves identify home fitness equipment as a “risk factor” in their most recent 10K.

(Disclaimer: I own LTM in my charitable trust, GetMarkRichPLUS.com)