Promising Fitness Stocks To Consider – May 4th

Planet Fitness, Garmin, and Peloton Interactive are the three Fitness stocks to watch today, according to MarketBeat’s stock screener tool. Fitness stocks are shares of publicly traded companies whose core business supports physical fitness and wellness—such as gym and studio chains, exercise equipment manufacturers, wearable and fitness-tracking device makers, digital workout platforms, and related supplement or apparel brands. Investors buy these stocks to gain exposure to consumer demand for healthier lifestyles and recurring-revenue models (like memberships and subscriptions), but they can be sensitive to discretionary-spending cycles, competitive shifts, and changing wellness trends. 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.

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.