Promising Fitness Stocks To Add to Your Watchlist - October 2nd

Key Points

• Five fitness stocks currently attracting attention are Garmin, Peloton Interactive, Planet Fitness, Life Time Group, and Fitell, noted for their significant trading volume.
• Investors are increasingly interested in fitness stocks due to the growing consumer demand for health and wellness products, particularly those with recurring revenue models like subscriptions and memberships.
• Companies like Garmin and Peloton offer innovative fitness products and technologies that aim to enhance user experience in the fitness and wellness space.

Garmin, Peloton Interactive, Planet Fitness, Life Time Group, and Fitell are the five Fitness stocks to watch today, according to MarketBeat's stock screener tool. Fitness stocks are shares of publicly traded companies whose primary business involves the fitness and wellness industry—such as manufacturers of exercise equipment, operators of gyms and health clubs, athletic‐apparel brands, and makers of wearable fitness devices or apps. Investors buy fitness stocks to tap into growing consumer demand for health and wellness products and services, often attracted by recurring-revenue models like memberships or subscription-based fitness platforms. 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

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

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

Fitell (FTEL)

Fitell Corporation, together with its subsidiaries, operates as an online retailer of gym and fitness equipment for personal training studios and commercial gyms chains in Australia and Southeast Asia. The company sells fitness equipment, including home gym and commercial strength-training equipment; and cardio equipment, such as rowing machines, exercise bikes, treadmills, and other related products under the Muscle Motion, Rapid Motion, and FleetX brand names.

Read Our Latest Research Report on FTEL