Promising Fitness Stocks To Consider - June 18th

Apple, lululemon athletica, and PDD are the three Fitness stocks to watch today, according to MarketBeat's stock screener tool. Fitness stocks are shares of publicly traded companies whose primary business involves health, wellness, and physical exercise—such as makers of gym equipment, fitness apparel, connected workout platforms, and health-tracking apps. Investors buy these equities to gain exposure to the growing consumer demand for active-lifestyle products and services, betting on trends in home workouts, boutique studios, and digital fitness subscriptions. 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 NASDAQ:AAPL traded up $1.06 during midday trading on Wednesday, reaching $196.70. The company's stock had a trading volume of 29,353,360 shares, compared to its average volume of 54,432,166. The firm has a market cap of $2.94 trillion, a price-to-earnings ratio of 30.64, a price-to-earnings-growth ratio of 2.22 and a beta of 1.22. The business has a 50 day moving average price of $202.21 and a 200 day moving average price of $222.47. Apple has a 1 year low of $169.21 and a 1 year high of $260.10. The company has a quick ratio of 0.78, a current ratio of 0.82 and a debt-to-equity ratio of 1.18.

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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.

Shares of NASDAQ LULU traded down $6.47 on Wednesday, reaching $228.73. 3,946,385 shares of the company traded hands, compared to its average volume of 2,382,621. The stock has a market capitalization of $27.41 billion, a PE ratio of 15.50, a P/E/G ratio of 2.22 and a beta of 1.26. lululemon athletica has a fifty-two week low of $226.01 and a fifty-two week high of $423.32. The company has a 50 day moving average of $283.86 and a 200 day moving average of $334.58.

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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 PDD traded down $0.26 during mid-day trading on Wednesday, reaching $102.27. The company had a trading volume of 3,480,068 shares, compared to its average volume of 11,042,351. PDD has a fifty-two week low of $87.11 and a fifty-two week high of $155.67. The firm has a fifty day simple moving average of $104.60 and a 200-day simple moving average of $108.30. The stock has a market cap of $142.38 billion, a price-to-earnings ratio of 11.01, a price-to-earnings-growth ratio of 1.45 and a beta of 0.42.

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