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Promising Fitness Stocks To Consider - October 24th

Garmin logo with Computer and Technology background

Key Points

  • Garmin, Planet Fitness, and Peloton Interactive are highlighted as top fitness stocks to watch, reflecting their significant trading volume and position in the health and wellness market.
  • Garmin specializes in a variety of wireless fitness devices and services, including running watches and fitness tracking platforms, indicating a growing demand for wearable technology.
  • Planet Fitness operates globally through franchised fitness centers, while Peloton Interactive offers connected fitness products with a focus on streaming live and on-demand classes, showcasing diverse business models in the fitness industry.
  • Interested in Garmin? Here are five stocks we like better.

Garmin, Planet Fitness, and Peloton Interactive are the three Fitness stocks to watch today, according to MarketBeat's stock screener tool. "Fitness stocks" are shares of companies whose main businesses serve the fitness and wellness market — for example gym chains, exercise-equipment and connected-wearable makers, fitness-app and digital-training providers. Investors use them to gain exposure to secular health and wellness trends, though their returns can be affected by consumer spending cycles, seasonality, competition, and technological change. 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

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

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

Featured Articles

Should You Invest $1,000 in Garmin Right Now?

Before you consider Garmin, you'll want to hear this.

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While Garmin currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

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