Promising Fitness Stocks To Add to Your Watchlist - July 13th

Apple, PDD, lululemon athletica, Paychex, and Best Buy are the five Fitness stocks to watch today, according to MarketBeat's stock screener tool. Fitness stocks are shares of companies operating in the health and wellness sector—this includes gym and fitness-club chains, exercise-equipment manufacturers, sports apparel brands and digital workout or wearable-tech platforms. By investing in these equities, investors gain exposure to consumer trends toward healthier lifestyles, recurring subscription or membership revenues and innovations in fitness technology. While they can offer strong growth potential as global demand for fitness services rises, they may also be sensitive to economic cycles and shifting consumer preferences. 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 traded down $1.25 on Friday, reaching $211.16. The company had a trading volume of 39,713,698 shares, compared to its average volume of 53,349,236. Apple has a fifty-two week low of $169.21 and a fifty-two week high of $260.10. The stock has a market cap of $3.15 trillion, a P/E ratio of 32.89, a P/E/G ratio of 2.36 and a beta of 1.20. The company's fifty day moving average is $203.39 and its 200 day moving average is $217.12. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.78 and a current ratio of 0.82.

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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.

PDD traded down $0.06 on Friday, reaching $104.91. The company had a trading volume of 4,578,504 shares, compared to its average volume of 10,969,478. PDD has a fifty-two week low of $87.11 and a fifty-two week high of $155.67. The stock has a market cap of $146.05 billion, a P/E ratio of 11.29, a P/E/G ratio of 1.47 and a beta of 0.42. The company's fifty day moving average is $106.77 and its 200 day moving average is $108.69.

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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.

LULU traded down $2.01 on Friday, reaching $236.51. The company had a trading volume of 1,666,312 shares, compared to its average volume of 2,342,237. lululemon athletica has a fifty-two week low of $219.97 and a fifty-two week high of $423.32. The stock has a market cap of $28.34 billion, a P/E ratio of 16.02, a P/E/G ratio of 2.00 and a beta of 1.17. The company's fifty day moving average is $274.21 and its 200 day moving average is $316.85.

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Paychex (PAYX)

Paychex, Inc., together with its subsidiaries, provides integrated human capital management solutions (HCM) for payroll, benefits, human resources (HR), and insurance services for small to medium-sized businesses in the United States, Europe, and India. It offers payroll processing services; payroll tax administration services; employee payment services; and regulatory compliance services, such as new-hire reporting and garnishment processing.

PAYX traded down $2.02 on Friday, reaching $143.29. The company had a trading volume of 1,910,327 shares, compared to its average volume of 1,981,500. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.39 and a current ratio of 1.28. The stock has a market cap of $51.61 billion, a P/E ratio of 31.35, a P/E/G ratio of 3.28 and a beta of 0.88. Paychex has a fifty-two week low of $118.58 and a fifty-two week high of $161.24. The company's fifty day moving average is $151.92 and its 200 day moving average is $148.22.

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Best Buy (BBY)

Best Buy Co., Inc. engages in the retail of technology products in the United States, Canada, and international. Its stores provide computing and mobile phone products, such as desktops, notebooks, and peripherals; mobile phones comprising related mobile network carrier commissions; networking products; tablets covering e-readers; smartwatches; and consumer electronics consisting of digital imaging, health and fitness products, portable audio comprising headphones and portable speakers, and smart home products, as well as home theaters, which includes home theater accessories, soundbars, and televisions.

NYSE BBY traded down $1.83 during trading on Friday, reaching $71.89. The company's stock had a trading volume of 2,991,345 shares, compared to its average volume of 3,340,963. The company has a current ratio of 1.02, a quick ratio of 0.32 and a debt-to-equity ratio of 0.42. The firm has a market capitalization of $15.19 billion, a price-to-earnings ratio of 17.58, a price-to-earnings-growth ratio of 1.90 and a beta of 1.24. Best Buy has a 12 month low of $54.99 and a 12 month high of $103.71. The firm has a 50 day moving average price of $70.39 and a 200 day moving average price of $75.12.

Read Our Latest Research Report on BBY