Fitness Stocks To Follow Today – December 31st
by Mitch Edgeman · The Markets DailyPlanet 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 companies whose primary business serves the health and exercise market — for example gym chains, athletic apparel and equipment manufacturers, wearable-tech and fitness-app firms, and supplement brands. Investors look to these stocks for exposure to secular wellness trends and recurring-revenue models, but their performance can be sensitive to consumer spending, seasonality, competition, and shifting trends in health and technology. 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
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
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
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