Fitness Stocks To Consider – February 5th

Peloton Interactive, 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 core businesses serve the health and exercise market — for example gym chains, fitness-equipment manufacturers, athletic apparel brands, wearable-device makers, and digital workout or wellness platforms. Investors use them to gain exposure to growing consumer interest in health and recurring-revenue models, but these stocks can be cyclical and sensitive to consumer spending, membership retention, and technological disruption. These companies had the highest dollar trading volume of any Fitness stocks within the last several days.

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.

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.