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Fitness Stocks To Follow Now - April 17th

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

Key Points

  • Garmin (GRMN), Planet Fitness (PLNT), and Peloton (PTON) are the three fitness stocks MarketBeat highlights today after recording the highest dollar trading volume among fitness names.
  • Garmin got a near‑term catalyst by raising guidance and boosting capital return, doubling down on share buybacks and increasing its dividend.
  • MarketBeat notes fitness stocks are fueled by secular health trends and subscription/recurring‑revenue models but remain sensitive to discretionary spending, competition, and execution risk.
  • Five stocks we like better than Garmin.

Garmin, Planet Fitness, and Peloton Interactive are the three Fitness stocks to watch today, according to MarketBeat's stock screener tool. Fitness stocks are shares of companies whose primary business involves physical fitness and wellness—examples include gym chains and studios, makers of fitness equipment and wearables, workout and coaching apps, and fitness‑oriented nutrition brands. Investors view them as a subset of consumer discretionary/health‑tech investing often driven by secular health trends and subscription or recurring‑revenue models, but they can be sensitive to discretionary spending, competition, and execution risk. 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

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

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