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Top Fitness Stocks To Watch Now - April 18th

Garmin logo with Computer and Technology background
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Key Points

  • Top five fitness stocks to watch are Garmin, Planet Fitness, Peloton Interactive, Life Time Group, and Fitness Champs, selected by MarketBeat's screener for the highest recent dollar trading volume in the sector.
  • Garmin (GRMN) stood out after raising guidance and boosting shareholder returns by doubling buybacks and increasing its dividend; its Fitness segment includes running and multi-sport watches, cycling products, scales, and the Garmin Connect platform.
  • Fitness stocks are viewed as growth/thematic plays tied to consumer wellness and technology adoption but can be volatile and sensitive to changes in consumer spending, subscription retention, competition, and tech trends.
  • Interested in Garmin? Here are five stocks we like better.

Garmin, Planet Fitness, Peloton Interactive, Life Time Group, and Fitness Champs are the five Fitness stocks to watch today, according to MarketBeat's stock screener tool. Fitness stocks are shares of companies whose primary business serves the health and fitness market—such as gyms and clubs, exercise-equipment makers, wearable-device firms, fitness apps, and sports-nutrition brands. Investors treat them as growth or thematic plays tied to consumer wellness trends and technology adoption, but they can be volatile and sensitive to changes in consumer spending, subscription retention, competition, and technology. 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

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

Fitness Champs (FCHL)

Our mission is to make swimming an affordable sport for all by offering comprehensive swimming lessons and teaching swimming skills and techniques to our students and to encourage the public mass to use swimming as a healthy and fun sport for all ages. We believe we are a leading sports education provider in Singapore based on the following: (i) in 2023, we were the largest service provider of the SwimSafer Program based on the number of assessment bookings, accounting for approximately 30% of market share; and (ii) we are one of the few swim education providers in Singapore that provides both services to students under training programs funded by the Singapore Government and provision of customized private swimming training services.

Read Our Latest Research Report on FCHL

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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 Garmin Right Now?

Before you consider Garmin, 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 Garmin wasn't on the list.

While Garmin 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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