Best Fitness Stocks To Consider - April 16th

Key Points

• MarketBeat's screener highlights Garmin (GRMN), Peloton (PTON) and Planet Fitness (PLNT) as the top fitness stocks by recent dollar trading volume, noting the sector offers growth from rising health-conscious demand and recurring-revenue models but is exposed to shifting trends, competition and discretionary-spending risk.
• Garmin recently jumped after raising guidance and has increased share buybacks and its dividend, signaling a stronger focus on shareholder returns.
• Peloton centers on connected fitness hardware plus live/on-demand subscription classes, while Planet Fitness grows through franchising and international expansion, giving investors exposure to device/subscription and membership-driven business models respectively.

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.

Read Our Latest Research Report on GRMN

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.

Read Our Latest Research Report on PTON

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

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.