Promising Fitness Stocks To Consider - July 1st

Apple, lululemon athletica, Paychex, Best Buy, and PDD are the five Fitness stocks to watch today, according to MarketBeat's stock screener tool. Fitness stocks are shares of publicly traded companies whose core businesses involve health, exercise and physical wellness—ranging from gym chains and athletic-apparel brands to makers of fitness equipment, wearable trackers and digital workout platforms. By investing in these equities, investors gain exposure to the growing consumer demand for fitness products and services, though performance can fluctuate with shifts in spending habits and industry trends. 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.

Shares of AAPL traded up $2.77 during mid-day trading on Tuesday, hitting $207.94. 67,207,593 shares of the company traded hands, compared to its average volume of 53,611,948. The stock has a market capitalization of $3.11 trillion, a price-to-earnings ratio of 32.39, a PEG ratio of 2.25 and a beta of 1.22. Apple has a one year low of $169.21 and a one year high of $260.10. The company has a current ratio of 0.82, a quick ratio of 0.78 and a debt-to-equity ratio of 1.18. The business has a 50-day moving average of $202.85 and a 200 day moving average of $219.53.

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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.

lululemon athletica stock traded up $7.79 during trading hours on Tuesday, reaching $245.37. 3,344,479 shares of the company's stock traded hands, compared to its average volume of 2,301,407. The firm has a market capitalization of $29.41 billion, a price-to-earnings ratio of 16.62, a PEG ratio of 2.16 and a beta of 1.26. lululemon athletica has a fifty-two week low of $219.97 and a fifty-two week high of $423.32. The firm's 50 day moving average is $279.19 and its 200-day moving average is $325.27.

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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.

Shares of PAYX traded up $1.98 on Tuesday, reaching $147.44. 2,672,030 shares of the company's stock were exchanged, compared to its average volume of 1,947,896. The business has a 50 day moving average price of $151.83 and a two-hundred day moving average price of $147.89. Paychex has a 12 month low of $115.40 and a 12 month high of $161.24. The stock has a market capitalization of $53.10 billion, a P/E ratio of 32.26, a price-to-earnings-growth ratio of 2.95 and a beta of 0.92. The company has a current ratio of 1.28, a quick ratio of 1.39 and a debt-to-equity ratio of 1.10.

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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.

BBY traded up $3.50 during trading on Tuesday, reaching $70.63. 4,309,756 shares of the company's stock were exchanged, compared to its average volume of 3,333,688. The company's fifty day moving average price is $69.38 and its 200-day moving average price is $75.95. The firm has a market capitalization of $14.93 billion, a PE ratio of 17.27, a P/E/G ratio of 1.80 and a beta of 1.25. Best Buy has a fifty-two week low of $54.99 and a fifty-two week high of $103.71. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.32 and a current ratio of 1.02.

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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.

Shares of NASDAQ:PDD traded up $0.90 during midday trading on Tuesday, hitting $105.56. The company had a trading volume of 2,703,637 shares, compared to its average volume of 10,959,402. The firm has a fifty day simple moving average of $106.63 and a 200 day simple moving average of $108.48. The stock has a market cap of $146.96 billion, a price-to-earnings ratio of 11.36, a PEG ratio of 1.47 and a beta of 0.42. PDD has a 12 month low of $87.11 and a 12 month high of $155.67.

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