Best Fitness Stocks To Consider – April 16th

Garmin, Peloton Interactive, and Planet Fitness are the three Fitness stocks to watch today, according to MarketBeat’s stock screener tool. Fitness stocks are publicly traded companies whose primary business is fitness-related goods and services — for example gym and boutique-studio operators, exercise-equipment manufacturers, wearable and connected-fitness device makers, digital fitness apps, and sports-nutrition brands. Investors view them as a thematic or sector play that can offer growth from rising health-conscious consumer demand and recurring-revenue models, but they also carry risks from shifting trends, competition, and sensitivity to discretionary spending. These companies had the highest dollar trading volume of any Fitness stocks within the last several days.

Garmin (GRMN)

Garmin Ltd. designs, develops, manufactures, markets, and distributes a range of wireless devices worldwide. Its Fitness segment offers running and multi-sport watches; cycling products; smartwatch devices; scales and monitors; and fitness accessories. This segment also provides Garmin Connect and Garmin Connect Mobile, which are web and mobile platforms where users can track and analyze their fitness, activities and workouts, and wellness data; and Connect IQ, an application development platform.

Peloton Interactive (PTON)

Peloton Interactive, Inc. operates interactive fitness platform in North America and internationally. The company offers connected fitness products with touchscreen that streams live and on-demand classes under the Peloton Bike, Peloton Bike+, Peloton Tread, Peloton Tread+, Peloton Guide, and Peloton Row names.

Planet Fitness (PLNT)

Planet Fitness, Inc., together with its subsidiaries, franchises and operates fitness centers under the Planet Fitness brand. The company operates through three segments: Franchise, Corporate-Owned Stores, and Equipment. The company is involved in franchising business in the United States, Puerto Rico, Canada, Panama, Mexico, and Australia.