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Promising Fitness Stocks To Consider - May 4th

Planet Fitness logo with Consumer Discretionary background
Image from MarketBeat Media, LLC.

Key Points

  • MarketBeat's screener highlights Planet Fitness (PLNT), Garmin (GRMN), and Peloton (PTON) as the three fitness stocks to watch, citing their highest dollar trading volume among fitness names in recent days.
  • Each company targets a different part of the market: Planet Fitness runs a global franchise gym network, Garmin sells wearables and the Garmin Connect platform, and Peloton offers connected equipment with live and on‑demand classes.
  • Investors are attracted to these stocks for exposure to healthier‑lifestyle demand and recurring‑revenue models (memberships/subscriptions), but the sector remains sensitive to discretionary‑spending cycles and changing wellness trends.
  • Interested in Planet Fitness? Here are five stocks we like better.

Planet Fitness, Garmin, and Peloton Interactive are the three Fitness stocks to watch today, according to MarketBeat's stock screener tool. Fitness stocks are shares of publicly traded companies whose core business supports physical fitness and wellness—such as gym and studio chains, exercise equipment manufacturers, wearable and fitness-tracking device makers, digital workout platforms, and related supplement or apparel brands. Investors buy these stocks to gain exposure to consumer demand for healthier lifestyles and recurring-revenue models (like memberships and subscriptions), but they can be sensitive to discretionary-spending cycles, competitive shifts, and changing wellness trends. These companies had the highest dollar trading volume of any Fitness stocks within the last several days.

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

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

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Planet Fitness Right Now?

Before you consider Planet Fitness, 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 Planet Fitness wasn't on the list.

While Planet Fitness currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

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