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Fitness Stocks To Follow Now - March 23rd

Garmin logo with Computer and Technology background
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Key Points

  • MarketBeat names Garmin (GRMN), Life Time Group (LTH) and Planet Fitness (PLNT) as the three Fitness stocks to watch based on the highest recent dollar trading volume and investor interest in consumer health and recurring‑revenue themes.
  • Garmin standout: the company moved higher after raising guidance and announcing larger share buybacks and a bigger dividend, signaling confidence in its wearables and fitness business.
  • Life Time and Planet Fitness are highlighted for their membership‑driven gym and wellness platforms—businesses sensitive to subscription growth, retention and discretionary spending trends.
  • Five stocks to consider instead of Garmin.

Garmin, Life Time Group, 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 business serves the exercise and wellness market—examples include gym chains, makers of fitness equipment and apparel, wearable-tracker manufacturers, digital workout platforms, and sports nutrition brands. Investors view them as a play on consumer health trends and recurring-revenue models, assessing metrics like membership growth, subscription retention, product innovation and sensitivity to discretionary-spending and macroeconomic swings. 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

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

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

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 reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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

View The Five Stocks Here

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