Promising Fitness Stocks To Follow Now - August 16th

Key Points

• Fitness Stocks to Watch: Apple, PDD, lululemon athletica, Paychex, and Celsius are highlighted as the top fitness stocks due to recent high trading volumes and growing consumer spending in the health and wellness sector.
• Market Capitalization: Apple leads with a market cap of $3.44 trillion, while PDD, lululemon, Paychex, and Celsius have market caps of $165.60 billion, $23.79 billion, $49.80 billion, and $14.78 billion, respectively.
• Recent Stock Performance: All five companies have experienced recent stock price movements; for example, Apple’s shares traded down to $231.59, while PDD's shares rose to $118.95 during the same trading session.

Apple, PDD, lululemon athletica, Paychex, and Celsius are the five Fitness stocks to watch today, according to MarketBeat's stock screener tool. Fitness stocks are shares of publicly traded companies whose primary business is centered on health and exercise, such as makers of workout equipment, athletic apparel brands, gym operators and digital fitness platforms. Investors buy these stocks to gain exposure to growing consumer spending on wellness and exercise trends. Like other sector plays, fitness stocks offer potential growth tied to rising health consciousness but carry risks from shifting fashions, economic cycles and competitive pressures. 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.

NASDAQ AAPL traded down $1.19 during trading on Friday, reaching $231.59. 56,003,275 shares of the company's stock were exchanged, compared to its average volume of 63,552,584. The firm has a market capitalization of $3.44 trillion, a PE ratio of 35.14, a P/E/G ratio of 2.44 and a beta of 1.16. The company has a current ratio of 0.87, a quick ratio of 0.83 and a debt-to-equity ratio of 1.25. Apple has a fifty-two week low of $169.21 and a fifty-two week high of $260.10. The company's fifty day simple moving average is $209.69 and its 200-day simple moving average is $213.33.

Read Our Latest Research Report on AAPL

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.

NASDAQ:PDD traded up $4.21 during trading hours on Friday, reaching $118.95. The company had a trading volume of 10,077,227 shares, compared to its average volume of 6,564,811. The stock has a 50-day moving average of $108.47 and a two-hundred day moving average of $110.71. The firm has a market capitalization of $165.60 billion, a PE ratio of 12.80, a PEG ratio of 1.63 and a beta of 0.42. PDD has a one year low of $87.11 and a one year high of $155.67.

Read Our Latest Research Report on PDD

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 up $3.27 during mid-day trading on Friday, reaching $198.46. 4,741,919 shares of the stock were exchanged, compared to its average volume of 3,203,309. lululemon athletica has a one year low of $185.95 and a one year high of $423.32. The company has a market cap of $23.79 billion, a P/E ratio of 13.45, a P/E/G ratio of 1.66 and a beta of 1.16. The stock's 50 day simple moving average is $224.16 and its 200-day simple moving average is $286.68.

Read Our Latest Research Report on LULU

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 $0.76 during midday trading on Friday, hitting $138.25. The company's stock had a trading volume of 2,671,372 shares, compared to its average volume of 2,081,869. The stock has a market capitalization of $49.80 billion, a price-to-earnings ratio of 30.25, a price-to-earnings-growth ratio of 3.15 and a beta of 0.91. Paychex has a one year low of $124.64 and a one year high of $161.24. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 1.10. The company's fifty day simple moving average is $145.29 and its two-hundred day simple moving average is $148.10.

Read Our Latest Research Report on PAYX

Celsius (CELH)

Celsius Holdings, Inc. develops, processes, markets, distributes, and sells functional energy drinks and liquid supplements in the United States, Australia, New Zealand, Canadian, European, Middle Eastern, Asia-Pacific, and internationally. The company offers CELSIUS, a fitness drink or supplement designed to accelerate metabolism and burn body fat; various flavors and carbonated and non-carbonated functional energy drinks under the CELSIUS Originals and Vibe name, as well as functional energy drink under the CELSIUS Essentials and CELSIUS On-the-Go Powder names; and CELSIUS ready-to drink products.

Shares of CELH stock traded up $0.63 during trading on Friday, hitting $57.30. The company's stock had a trading volume of 5,474,968 shares, compared to its average volume of 7,221,051. The company has a market cap of $14.78 billion, a PE ratio of 154.86, a P/E/G ratio of 1.29 and a beta of 1.40. The business has a fifty day moving average of $46.13 and a 200-day moving average of $37.11. Celsius has a 52 week low of $21.10 and a 52 week high of $57.79. The company has a current ratio of 2.11, a quick ratio of 1.76 and a debt-to-equity ratio of 0.68.

Read Our Latest Research Report on CELH

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