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Fitness Stocks Worth Watching - September 26th

Peloton Interactive logo with Consumer Discretionary background

Key Points

  • Peloton Interactive, Planet Fitness, and Garmin are highlighted as the top fitness stocks to watch, reflecting strong consumer demand in the health and wellness sector.
  • Peloton operates a range of connected fitness products offering live and on-demand classes, aiming to move towards profitability amid recent challenges.
  • Planet Fitness franchises fitness centers globally and operates through various business segments, including franchise and corporate-owned stores.
  • Five stocks to consider instead of Peloton Interactive.

Peloton Interactive, Planet Fitness, and Garmin are the three Fitness stocks to watch today, according to MarketBeat's stock screener tool. Fitness stocks are shares of publicly traded companies operating in the health and wellness sector—such as makers of exercise equipment, fitness trackers and apparel, or gym and boutique studio operators. Investors buy these stocks to capitalize on growing consumer demand for physical health, lifestyle trends, and technological innovations in exercise. Performance of fitness stocks often reflects seasonal workout patterns, broader economic conditions, and shifts in discretionary spending. 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

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

Further Reading

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

Before you consider Peloton Interactive, 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 Peloton Interactive wasn't on the list.

While Peloton Interactive currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

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