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Fitness Stocks To Watch Now - August 2nd

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Key Points

  • Apple, lululemon athletica, and PDD have been identified as the top fitness stocks to watch, reflecting increased investor interest in companies associated with health and wellness.
  • Apple's stock recently fell to $202.38, while lululemon's stock decreased to $193.33, indicating potential buying opportunities amid volatility.
  • PDD Holdings operates various e-commerce platforms, with its stock trading at $110.06, showcasing its position in the fitness and wellness market through diverse product offerings.
  • MarketBeat previews the top five stocks to own by September 1st.

Apple, lululemon athletica, and PDD 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 involve health, wellness, and exercise. These can include manufacturers of workout equipment, operators of fitness centers or studios, and producers of fitness-related digital platforms or apparel. Investors buy fitness stocks to gain exposure to the growing consumer demand for active lifestyles and wellness services. These companies had the highest dollar trading volume of any Fitness stocks within the last several days.

Apple (AAPL)

Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. The company offers iPhone, a line of smartphones; Mac, a line of personal computers; iPad, a line of multi-purpose tablets; and wearables, home, and accessories comprising AirPods, Apple TV, Apple Watch, Beats products, and HomePod.

AAPL stock traded down $5.19 during trading on Friday, hitting $202.38. 97,423,066 shares of the company traded hands, compared to its average volume of 44,912,472. The stock's 50-day simple moving average is $205.37 and its 200 day simple moving average is $213.77. The company has a debt-to-equity ratio of 1.18, a current ratio of 0.82 and a quick ratio of 0.78. The company has a market cap of $3.02 trillion, a PE ratio of 30.71, a P/E/G ratio of 2.28 and a beta of 1.20. Apple has a 1 year low of $169.21 and a 1 year high of $260.10.

Read Our Latest Research Report on AAPL

lululemon athletica (LULU)

Lululemon Athletica Inc., together with its subsidiaries, designs, distributes, and retails athletic apparel, footwear, and accessories under the lululemon brand for women and men. It offers pants, shorts, tops, and jackets for healthy lifestyle, such as yoga, running, training, and other activities.

Shares of lululemon athletica stock traded down $7.20 on Friday, reaching $193.33. The company's stock had a trading volume of 4,678,061 shares, compared to its average volume of 2,882,063. The company has a market capitalization of $23.17 billion, a P/E ratio of 13.10, a PEG ratio of 1.71 and a beta of 1.17. lululemon athletica has a 52-week low of $191.44 and a 52-week high of $423.32. The stock has a 50-day moving average price of $248.66 and a 200-day moving average price of $299.85.

Read Our Latest Research Report on LULU

PDD (PDD)

PDD Holdings Inc., a multinational commerce group, owns and operates a portfolio of businesses. It operates Pinduoduo, an e-commerce platform that offers products in various categories, including agricultural produce, apparel, shoes, bags, mother and childcare products, food and beverage, electronic appliances, furniture and household goods, cosmetics and other personal care, sports and fitness items and auto accessories; and Temu, an online marketplace.

Shares of NASDAQ:PDD traded down $3.39 during trading on Friday, reaching $110.06. The stock had a trading volume of 7,640,376 shares, compared to its average volume of 6,351,242. The business has a fifty day moving average price of $105.72 and a 200-day moving average price of $110.10. The stock has a market cap of $153.22 billion, a PE ratio of 11.85, a PEG ratio of 1.59 and a beta of 0.42. PDD has a 1-year low of $87.11 and a 1-year high of $155.67.

Read Our Latest Research Report on PDD

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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.

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