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Best Fitness Stocks To Follow Now - October 3rd

Garmin logo with Computer and Technology background

Key Points

  • The top three fitness stocks to watch currently are Garmin, Peloton Interactive, and Planet Fitness, as identified by MarketBeat's stock screener tool.
  • Garmin's fitness segment offers a variety of products including running and multi-sport watches, smartwatches, and fitness accessories with digital platforms for tracking wellness data.
  • Peloton Interactive operates an interactive fitness platform that provides connected fitness products with touchscreen capabilities for streaming classes, while Planet Fitness franchises gyms in multiple countries including the U.S. and Canada.
  • Five stocks to consider instead of Garmin.

Garmin, Peloton Interactive, and Planet Fitness 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 health and exercise—such as gym chains, athletic apparel makers, fitness equipment manufacturers and fitness-technology providers. Investors buy these stocks to gain exposure to growing consumer demand for active lifestyles, wellness products and exercise-related services. 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

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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 Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

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