Top Fitness Stocks Worth Watching – May 7th
by Renee Jackson · The Cerbat GemPlanet Fitness, Peloton Interactive, and Life Time Group 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 fitness and wellness market—such as gym operators, equipment manufacturers, wearable-tech makers, fitness apps/platforms, apparel and nutrition brands. Investors use them to gain exposure to health-and-wellness trends and typically treat them as consumer-discretionary or growth plays that can offer recurring-revenue upside (subscriptions, memberships) but also carry seasonality, trend risk, and strong competition. 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
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
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