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Best Fitness Stocks To Add to Your Watchlist - March 11th

Garmin logo with Computer and Technology background
Image from MarketBeat Media, LLC.

Key Points

  • MarketBeat's screener flags Garmin (GRMN), Planet Fitness (PLNT), and Life Time Group (LTH) as the top fitness stocks to watch after they posted the highest recent dollar trading volume, representing plays across wearables, gyms/franchises, and resort-style fitness clubs.
  • Garmin has recently lifted guidance and boosted shareholder returns by doubling down on buybacks and increasing its dividend, highlighting stronger momentum in wearables and fitness-related devices.
  • Five stocks to consider instead of Garmin.

Garmin, Planet Fitness, and Life Time Group are the three Fitness stocks to watch today, according to MarketBeat's stock screener tool. Fitness stocks are shares of publicly traded companies whose primary businesses center on fitness-related products and services—such as gyms and studios, exercise-equipment makers, wearable trackers and fitness apps, or sports nutrition brands. Investors treat them as plays on the growing health-and-wellness trend that can offer recurring revenue and growth potential, while weighing risks from competition, shifting consumer preferences, seasonality, and economic sensitivity. 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.

Read Our Latest Research Report on GRMN

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.

Read Our Latest Research Report on PLNT

Life Time Group (LTH)

Life Time Group Holdings, Inc. provides health, fitness, and wellness experiences to a community of individual members in the United States and Canada. It primarily engages in designing, building, and operating of sports and athletic, professional fitness, family recreation, and spa centers in a resort-like environment, principally in suburban and urban locations of metropolitan areas.

Read Our Latest Research Report on LTH

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Garmin Right Now?

Before you consider Garmin, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Garmin wasn't on the list.

While Garmin currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

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