Fitness Stocks Worth Watching – January 16th

Planet 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 is in the fitness and wellness sector — for example gym operators, exercise-equipment makers, athletic apparel brands, fitness-tracking wearables manufacturers, and digital workout or subscription-based wellness platforms. Investors treat them as consumer-discretionary or growth plays driven by health trends and recurring revenue (memberships/subscriptions) but sensitive to consumer spending cycles, competition, member churn, and changing fitness fashions. 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.

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.

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.