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Top Fitness Stocks To Follow Now - October 9th

Planet Fitness logo with Consumer Discretionary background

Key Points

  • Key fitness stocks to watch include Planet Fitness, Garmin, Peloton Interactive, Life Time Group, and Xponential Fitness, which are positioned to benefit from increasing consumer spending on health and wellness.
  • Investors are interested in these stocks due to their high trading volumes and the companies' innovative approaches to fitness adoption and technology.
  • These companies provide a diverse range of fitness services, from gym franchises to wearable health tech, indicating a broad market segment for investors looking to capitalize on fitness trends.
  • Interested in Planet Fitness? Here are five stocks we like better.

Planet Fitness, Garmin, Peloton Interactive, 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 companies whose primary business is providing exercise and wellness products or services—ranging from gym chains and fitness-equipment manufacturers to digital workout platforms and wearable health-tech firms. Investors buy these stocks to capitalize on growing consumer spending on health and wellness, with performance driven by trends in fitness adoption, discretionary spending, and innovation in workout technologies. 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

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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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.

View The Five Stocks Here

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