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Fitness Stocks To Consider - March 10th

Planet Fitness logo with Consumer Discretionary background
Image from MarketBeat Media, LLC.

Key Points

  • Planet Fitness (PLNT), Garmin (GRMN), and Life Time Group (LTH) are highlighted by MarketBeat's stock screener as the top fitness stocks to watch, having the highest dollar trading volume in the sector over the past several days.
  • Investors follow fitness stocks for growth tied to health-and-wellness trends and recurring-revenue metrics like memberships and subscriptions, but the sector can be cyclical and sensitive to consumer spending, competition, and shifts in exercise habits.
  • Planet Fitness is a franchise-focused gym operator across multiple countries, Garmin sells fitness wearables and platforms (e.g., Garmin Connect), and Life Time Group operates resort-style fitness, recreation, and spa centers in the U.S. and Canada.
  • MarketBeat previews the top five stocks to own by May 1st.

Planet Fitness, Garmin, 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 business is fitness-related products or services — for example gym and health-club operators, connected exercise equipment and wearable makers, fitness apps and subscription platforms, apparel, and supplements. Investors follow them for growth tied to health-and-wellness trends and recurring-revenue metrics (memberships, subscriptions and retention), though they can be cyclical and sensitive to consumer spending, competition, and shifts in how people exercise. 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

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

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