Promising Fitness Stocks Worth Watching – February 19th

Garmin, Interactive Strength, 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 involve fitness-related products or services—such as gym and health-club operators, exercise-equipment and apparel manufacturers, wearable device makers, and digital or subscription-based workout platforms. Investors treat them as a thematic play on long-term health-and-wellness trends and recurring-revenue models, while noting they can be sensitive to consumer spending, competition, and shifts in exercise preferences. These companies had the highest dollar trading volume of any Fitness stocks within the last several days.

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.

Interactive Strength (TRNR)

Interactive Strength Inc., doing business as FORME, operates digital fitness platform that provides connected fitness hardware products and related accessories in the United States. The company offers the Forme Studio, a fitness mirror with touchscreen display; and the Forme Studio Lift, a fitness mirror and cable-based digital resistance.

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.