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Best Fitness Stocks To Follow Now - October 5th

Planet Fitness logo with Consumer Discretionary background

Key Points

  • MarketBeat highlights Planet Fitness, Garmin, and Peloton Interactive as the top fitness stocks to watch due to their high trading volumes and consumer demand for wellness products.
  • Planet Fitness operates fitness centers globally and offers franchising opportunities in various countries including the U.S., Canada, and Australia.
  • Garmin specializes in fitness technology products such as smartwatches and fitness accessories, providing platforms for users to track their fitness activities.
  • Interested in Planet Fitness? Here are five stocks we like better.

Planet Fitness, Garmin, and Peloton Interactive 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 business involves health, wellness, and physical exercise—from gym operators and equipment manufacturers to fitness-app developers and athletic apparel brands. Investors buy these equities to gain exposure to the growing consumer demand for wellness services and products. Performance of fitness stocks tends to track broader economic cycles, consumer discretionary spending, and shifting trends in lifestyle and health. These companies had the highest dollar trading volume of any Fitness stocks within the last several days.

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

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

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 and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Planet Fitness Right Now?

Before you consider Planet Fitness, 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 Planet Fitness wasn't on the list.

While Planet Fitness 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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