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Fitness Stocks To Watch Now - October 1st

Peloton Interactive logo with Consumer Discretionary background

Key Points

  • Peloton Interactive, Garmin, and Planet Fitness are the top fitness stocks to watch, reflecting strong trading volumes in the fitness industry amidst rising consumer demand for health and wellness products.
  • Peloton is making strides toward profitability with its interactive fitness platform and a range of connected fitness products.
  • Garmin's Fitness segment offers a variety of wearable devices and platforms that allow users to track and analyze their fitness activities and wellness data.
  • MarketBeat previews top five stocks to own in November.

Peloton Interactive, Garmin, and Planet Fitness are the three Fitness stocks to watch today, according to MarketBeat's stock screener tool. Fitness stocks are equity shares of companies operating in the health and wellness space—such as gym chains, athletic equipment and apparel manufacturers, wearable-tech developers and nutritional supplement providers. Investors buy them to tap into growing consumer demand for fitness services and products, anticipating above-average growth but also accepting higher cyclical risk and volatility tied to changing health trends and economic conditions. These companies had the highest dollar trading volume of any Fitness stocks within the last several days.

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

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

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Should You Invest $1,000 in Peloton Interactive Right Now?

Before you consider Peloton Interactive, you'll want to hear this.

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