Top Fitness Stocks To Keep An Eye On – April 24th

Garmin, Peloton Interactive, and Planet Fitness are the three Fitness stocks to watch today, according to MarketBeat’s stock screener tool. “Fitness stocks” are shares of companies whose primary businesses serve the health and exercise market—such as gym chains, fitness-equipment makers, athletic apparel brands, and digital/connected workout platforms. Investors track these stocks to gain exposure to secular trends in wellness and active lifestyles, seeking growth and recurring-revenue opportunities, while weighing risks from consumer spending cycles, competition, and changing fitness 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.

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.

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.