Top Fitness Stocks To Consider – January 6th

Garmin, Planet Fitness, and Peloton Interactive are the three Fitness stocks to watch today, according to MarketBeat’s stock screener tool. “Fitness stocks” are shares of companies whose primary business is tied to fitness and wellness, such as gym chains, exercise-equipment makers, athletic apparel brands, wearable/connected fitness device producers, and digital workout or subscription platforms. For investors, these stocks are often viewed as part of the consumer discretionary or health/wellness space and tend to be influenced by trends in consumer spending, seasonal demand, subscription retention, brand strength, and technology adoption, which can make them growth-oriented but potentially cyclical and competitive. 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.

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.

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.