Best Fitness Stocks To Add to Your Watchlist - August 1st

Key Points

• Five notable fitness stocks to watch include Apple, lululemon athletica, PDD, Paychex, and Garmin, which have recently experienced high trading volumes and drive consumer demand for health and exercise.
• Apple Inc. has a market capitalization of $3.02 trillion and recently traded at $202.34, showing a fifty-two week range between $169.21 and $260.10.
• lululemon athletica shares fell to $193.45, with a significant difference between its fifty-two week low of $191.44 and high of $423.32, and a market cap of $23.18 billion.

Apple, lululemon athletica, PDD, Paychex, and Garmin are the five Fitness stocks to watch today, according to MarketBeat's stock screener tool. Fitness stocks are shares of publicly traded companies whose core businesses involve fitness and wellness—ranging from gym chains and exercise-equipment manufacturers to digital workout platforms and wearable-device makers. Investing in these stocks lets investors tap into consumer demand for health and exercise, with performance driven by trends in wellness, technology innovation, and broader economic conditions. These companies had the highest dollar trading volume of any Fitness stocks within the last several days.

Apple (AAPL)

Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. The company offers iPhone, a line of smartphones; Mac, a line of personal computers; iPad, a line of multi-purpose tablets; and wearables, home, and accessories comprising AirPods, Apple TV, Apple Watch, Beats products, and HomePod.

Apple stock traded down $5.23 during trading hours on Friday, hitting $202.34. The company had a trading volume of 77,045,542 shares, compared to its average volume of 56,791,348. The firm has a market capitalization of $3.02 trillion, a P/E ratio of 31.52, a price-to-earnings-growth ratio of 2.30 and a beta of 1.20. The company has a debt-to-equity ratio of 1.18, a current ratio of 0.82 and a quick ratio of 0.78. The firm's fifty day moving average is $205.22 and its 200-day moving average is $213.98. Apple has a fifty-two week low of $169.21 and a fifty-two week high of $260.10.

Read Our Latest Research Report on AAPL

lululemon athletica (LULU)

Lululemon Athletica Inc., together with its subsidiaries, designs, distributes, and retails athletic apparel, footwear, and accessories under the lululemon brand for women and men. It offers pants, shorts, tops, and jackets for healthy lifestyle, such as yoga, running, training, and other activities.

lululemon athletica stock traded down $7.08 during trading hours on Friday, hitting $193.45. The company had a trading volume of 3,766,608 shares, compared to its average volume of 2,587,948. The firm's fifty day moving average is $251.01 and its 200-day moving average is $301.20. lululemon athletica has a fifty-two week low of $191.44 and a fifty-two week high of $423.32. The firm has a market capitalization of $23.18 billion, a P/E ratio of 13.11, a price-to-earnings-growth ratio of 1.76 and a beta of 1.17.

Read Our Latest Research Report on LULU

PDD (PDD)

PDD Holdings Inc., a multinational commerce group, owns and operates a portfolio of businesses. It operates Pinduoduo, an e-commerce platform that offers products in various categories, including agricultural produce, apparel, shoes, bags, mother and childcare products, food and beverage, electronic appliances, furniture and household goods, cosmetics and other personal care, sports and fitness items and auto accessories; and Temu, an online marketplace.

Shares of PDD traded down $3.40 during mid-day trading on Friday, hitting $110.06. 5,742,045 shares of the company's stock were exchanged, compared to its average volume of 9,099,055. The firm has a fifty day moving average of $105.90 and a two-hundred day moving average of $110.01. PDD has a twelve month low of $87.11 and a twelve month high of $155.67. The stock has a market cap of $153.21 billion, a price-to-earnings ratio of 11.85, a P/E/G ratio of 1.58 and a beta of 0.42.

Read Our Latest Research Report on PDD

Paychex (PAYX)

Paychex, Inc., together with its subsidiaries, provides integrated human capital management solutions (HCM) for payroll, benefits, human resources (HR), and insurance services for small to medium-sized businesses in the United States, Europe, and India. It offers payroll processing services; payroll tax administration services; employee payment services; and regulatory compliance services, such as new-hire reporting and garnishment processing.

Shares of PAYX traded down $5.01 during mid-day trading on Friday, hitting $139.32. 3,114,557 shares of the company's stock were exchanged, compared to its average volume of 2,147,366. The firm has a fifty day moving average of $149.51 and a two-hundred day moving average of $148.62. Paychex has a twelve month low of $122.07 and a twelve month high of $161.24. The stock has a market cap of $50.19 billion, a price-to-earnings ratio of 30.44, a P/E/G ratio of 3.34 and a beta of 0.88. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 1.10.

Read Our Latest Research Report on PAYX

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.

Shares of GRMN traded down $0.06 during mid-day trading on Friday, hitting $218.70. 860,913 shares of the company's stock were exchanged, compared to its average volume of 954,151. The firm has a fifty day moving average of $212.28 and a two-hundred day moving average of $208.97. Garmin has a twelve month low of $160.71 and a twelve month high of $246.50. The stock has a market cap of $42.11 billion, a price-to-earnings ratio of 26.97, a P/E/G ratio of 2.48 and a beta of 0.97.

Read Our Latest Research Report on GRMN