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Promising Fitness Stocks To Consider - October 10th

Garmin logo with Computer and Technology background

Key Points

  • Five notable fitness stocks to watch include Garmin, Peloton Interactive, Planet Fitness, Life Time Group, and Xponential Fitness, which are leading the market due to increased consumer spending on health and wellness.
  • Garmin focuses on fitness technology with devices that help users track and analyze workouts, while Peloton offers interactive fitness products that stream live and on-demand classes.
  • Planet Fitness franchises fitness centers in several countries, and Xponential Fitness provides various boutique fitness services like pilates and indoor cycling under multiple brand names.
  • Interested in Garmin? Here are five stocks we like better.

Garmin, Peloton Interactive, Planet Fitness, Life Time Group, and Xponential Fitness are the five Fitness stocks to watch today, according to MarketBeat's stock screener tool. Fitness stocks are shares of publicly traded companies that produce or provide exercise‐related goods and services, such as gym chains, workout equipment manufacturers, fitness apparel brands, wearable devices and digital workout platforms. Investors buy fitness stocks to gain exposure to the growing health and wellness market and to benefit from rising consumer spending on gym memberships, equipment sales and preventive-health trends. 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

Xponential Fitness (XPOF)

Xponential Fitness, Inc., through its subsidiaries, operates as a boutique fitness franchisor in North America. It offers pilates, indoor cycling, barre, stretching, rowing, dancing, boxing, running, functional training, and yoga services under the Club Pilates, Pure Barre, CycleBar, StretchLab, Row House, YogaSix, Rumble, AKT, Stride, and BFT brands.

Read Our Latest Research Report on XPOF

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