5 Best Fitness Stocks To Invest In

Page 5 of 5

1. Apple Inc. (NASDAQ:AAPL)

Number of Hedge Fund Holders: 138

Mega-cap tech giant Apple Inc. (NASDAQ:AAPL) tops our list of the 10 best fitness stocks to invest in. According to data gathered by Counterpoint Research, the $2 trillion-dollar company has a decent share of the fitness tracker market, surpassing the 100-million mark for the Apple Watch user base in the June quarter. In its third-quarter report, Apple Inc. (NASDAQ:AAPL) shared its revenue from the wearables, home, and accessories segment which totaled $8.8 billion, up from $6.5 billion in Q3 2020. 

In addition, Apple Inc. (NASDAQ:AAPL) debuted Apple Fitness+, a connected fitness program that brings studio-style workouts to the iPhone, iPad, and Apple TV in December 2020. The stock gained 28% in the past twelve months. 

On October 27, Morgan Stanley kept an Overweight rating on Apple Inc. (NASDAQ:AAPL) with a price target of $166 per share. 

You can also take a peek at the 10 High Beta Dividend Stocks to Buy and 10 Stocks To Invest In According To Game Creek Capital.

Page 5 of 5