Promising Fitness Stocks To Consider – December 2nd

Fitell, Garmin, and Planet Fitness are the three Fitness stocks to watch today, according to MarketBeat’s stock screener tool. “Fitness stocks” are shares of publicly traded companies whose primary businesses serve the health and exercise market—such as gym chains, fitness-equipment manufacturers, athletic apparel brands, connected-fitness platforms, and wearable-device makers. Investors treat these stocks as a play on consumer interest in health and wellness, evaluating them for growth potential from trends and recurring-revenue models as well as for risks tied to discretionary spending and changing consumer preferences. These companies had the highest dollar trading volume of any Fitness stocks within the last several days.

Fitell (FTEL)

Fitell Corporation, together with its subsidiaries, operates as an online retailer of gym and fitness equipment for personal training studios and commercial gyms chains in Australia and Southeast Asia. The company sells fitness equipment, including home gym and commercial strength-training equipment; and cardio equipment, such as rowing machines, exercise bikes, treadmills, and other related products under the Muscle Motion, Rapid Motion, and FleetX brand names.

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.