Buy Gym Stocks – 5 Best Gym Stocks To Buy Right Now In 2021

Fact Checked by Gary McFarlane

A great way of diversifying your portfolio is to invest in gym stocks. In doing so, you will be buying shares in companies that are involved with fitness center chains, stay-at-home equipment, and even clothing.

In this guide, we discuss the best gym stocks to buy right now and explain how to complete your investment in less than five minutes.

Table of Contents

#1 Broker to Buy Gym Stocks – eToro

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How to Buy Gym Stocks – A Quick Guide For 2021

You can buy gym stocks at eToro – an SEC-regulated online broker, without paying any commission. This top-rated broker also supports fractional share purchases from just $10.

Follow the quick guide below to add the best gym stocks to your portfolio right now.       

  • Step 1: Register with eToroYou will first need to register an account with eToro – which you can do by entering your personal information. eToro will also ask you to enter your contact details and social security number.
  • Step 2: KYC – To complete the registration process at eToro, upload a copy of your government-issued ID.
  • Step 3: Make a Deposit – Next, you will need to deposit a minimum of $50 into your eToro account. Several payment types are supported including debit/credit cards and e-wallets.
  • Step 4: Search for Gym Stock – You can now search for the gym stock that you want to buy. When you see your chosen stock, click on the ‘Trade’ button.
  • Step 5: Buy Gym Stocks – The final step is to complete a buy order form. For this, it’s just a case of entering the amount of capital that you want to invest in your chosen gym stock. Once you click on ‘Open Trade’ – eToro will complete your commission-free gym stock investment.

If you require a more detailed walkthrough of how to buy gym stocks at 0% commission with eToro – you will find a detailed tutorial further down on this page.

67% of retail investor accounts lose money when trading CFDs with this provider.

Best Gym Stocks to Buy Now – List of the Best Gym Stocks

Gym stocks cover a variety of niche sectors – such as fitness center chains and manufacturers of exercise equipment. Below you will find a list of the best gym stocks in the market right now.

  1. Planet Fitness – Overall Best Gym Stock to Buy Right Now
  2. Peloton – Gym Stock to Buy at a Discounted Entry Price
  3. Lululemon Athletica – Top Gym Stock Involved in Fitness Apparel
  4. Garmin – Great Gym Stock for Growth and Dividends
  5. Xponential Fitness – Small-Cap Gym Stock With 2021 IPO Listing

We analyze each of the above gym stocks further down on this page. 

How To Buy Gym Stocks – Choose a Broker

Once you know which gym stocks you want to buy – you will then need to complete your investment with a top-rated broker. The 10 best brokers for this purpose – in terms of fees, supported markets, and safety can be found below.

  1. eToro – Overall Best Place to Buy Gym Stocks
  2. Webull – Buy Gym Stocks at 0% Commission
  3. Zacks Trade – Top Broker for Advanced Traders
  4. Robinhood – Great US-Based Broker for Beginners
  5. Merrill Edge – Online Brokerage With a Variety of Investment Accounts
  6. SoFi – Invest in Gym Stocks via Fractional Shares
  7. Fidelity – Trusted US Brokerage With 7,000+ Stocks
  8. Ally Invest – Challenger Bank Offering Low-Cost Stock Investments
  9. Interactive Brokers – Trade US Stocks at 0% Commission
  10. E*TRADE – Good Broker for Long-Term Investments

Scroll down to read full reviews of the above investment platforms.

Best Gym Stocks to Buy Now – Full Analysis

If you’re looking to gain exposure to the broader health and fitness industry, gym stocks are well worth considering. In choosing the best gym stocks for your portfolio, it’s a good idea to cover several markets from within this space.

It’s also wise to spend some time looking at the firm’s balance sheet and recent earnings report to get an idea of how financially strong the gym stock is. As per our independent research, we found that the best gym stocks to buy right now are those listed below. 

1. Planet Fitness  – Overall Best Gym Stock to Buy Right Now

We found that Planet Fitness is the overall best gym stock to buy in the current economic landscape. This top-rated stock is behind more than 2,000 gyms throughout the US – which makes it one of the biggest chains in this industry. The stocks are defined as mid-cap, with a market capitalization of almost $8 billion as of writing.

Over the course of the past year, Planet Fitness stocks have returned gains of 18%. This is just about like-for-like with the growth experienced by the NYSE Composite. On the other hand, 5-year returns on this gym stock have been superb – with the shares increasing by over 350%. What we also like about this top-rated gym stock is that Planet Fitness reported great figures in its most recent quarterly report.

Planet Fitness stocks

For instance, the expectation from management is that the firm could open up to 120 new gyms next year – up from its original projection of up to 100. Revenues are also expected to increase to up to $580 million – up from an original forecast of $540 million. Perhaps the main drawback with this gym stock is that it does not pay dividends.

67% of retail investor accounts lose money when trading CFDs with this provider.

2. Peloton – Gym Stock to Buy at a Discounted Entry Price

Founded in 2012, this growth stock manufacturers fitness equipment with a modern twist. This is because each exercise product can be connected to the Peloton network – whereby customers and fitness instructors are connected in real-time. Users of Peloton equipment can also keep track of their fitness progress through a variety of interactive features.

And with this in mind, Peloton was one of the main beneficiaries of the stay-at-home economy that thrived during the lockdown measures of 2020. However, as lockdown measures have since been loosened, Peloton revenues are now much lower than what they were in 2020. Furthermore, the firm has since announced a new stock issuance – meaning that additional shares will dilute current ownership.

Lululemon Athletica stocks

The good news, however, is that you can now buy Peloton stocks at a much more favorable entry price. In fact, compared to 12 months prior to writing this page, the stocks are now almost 75% cheaper. Although the risks are somewhat higher with this gym stock, at current prices, the upside potential is attractive.

67% of retail investor accounts lose money when trading CFDs with this provider.

3. Lululemon Athletica – Top Gym Stock Involved in Fitness Apparel

Another way to gain exposure to the US gym marketplace is to invest in companies that design and retail fitness apparel. And one of the best gym stocks for this purpose is Lululemon Athletica. Founded in 1998, this US-Canadian firm is behind a number of popular clothing lines that cover everything from running and yoga to athletics. There are several core reasons why we think that Lululemon Athletica represents a quality stock.

Lululemon Athletica stocks

First and foremost, Lululemon Athletica shares have increased by over 500% in the past five years alone. Next, the firm’s most recent earnings report generated some attractive figures. For instance, revenues were up almost 30% year-on-year, and net income rose by around the same amount. Moreover, year-on-year operating income saw an increase of over 33%.

67% of retail investor accounts lose money when trading CFDs with this provider.

4. Garmin – Great Gym Stock for Growth and Dividends

Although Garmin – which was founded in 1989, originally focused exclusively on GPS devices, the firm has since diversified into other areas. In fact, the vast majority of income generated by Garmin is now from within its fitness division. Some of the core products offered by the firm include power meters for cycles, smartwatches, and fitness tracking devices.

Garmin stocks

Looking at the firm’s stock price action, Garmin shares have returned modest gains of 115 over the prior 12 months. Over a 5-year period, however, the stocks have outperformed the wider markets by some distance – with Garmin shares up over 177%. What we also like about Garmin is that it is one of the few gym stocks with a dividend program in place. As of writing, the stocks are offering a running yield of just under 2%.

67% of retail investor accounts lose money when trading CFDs with this provider.

5. Xponential Fitness – Small-Cap Gym Stock With 2021 IPO Listing

Xponential Fitness was founded as recently as 2015 and is behind a number of fitness program brands. This includes Pure Barre, Cyclebear, Club Pilates, and Row House. This could be one of the best gym stocks to buy if you are looking to invest in an up-and-coming company. After all, not only did Xponential Fitness finalize its IPO as recently as July 2021, but the firm carries a small market capitalization of just $1 billion as of writing.

Xponential Fitness stocks

This means that the upside potential with this stock could be huge in the coming years. Since its IPO, this gym stock has returned over 67% – as of late 2021. One of the most attractive things about Xponential Fitness is that much of its revenue comes from its franchise model. This means that the firm can continue to expand its US and international portfolio without draining cash resources.

67% of retail investor accounts lose money when trading CFDs with this provider.

How to Choose the Best Gym Stocks for my Portfolio?

It is important that you perform independent research before you buy gym stocks. This means looking at the prospective stock’s business model and whether or not the firm is enjoying consistent growth year on year. Other factors – such as lockdown measures and broader economic conditions should also be considered.

In the sections below, we offer some guidance on how to choose the best gym stocks for your portfolio.

Subscription Model

Some of the best gym stocks in this market generate revenue via a subscription model.

  • For instance, Planet Fitness charges a monthly fee to its members – and some plans lock customers in for a minimum number of months.
  • Similarly, those that buy Peloton equipment are also required to subscribe in order to gain access to live and on-demand classes.
  • With this in mind, a good starting point when searching for the best gym stocks is to assess whether or not subscription numbers are growing.

If, on the other hand, subscription numbers are falling on a quarter-to-quarter basis, this is a major red flag.

Industry

Another way to build a portfolio of the best gym stocks is to cover various industries. For example, to gain exposure to traditional gym centers, Planet Fitness is one of the largest chains in the US.

best gym stocks to buy

Then, to expand your portfolio to gym equipment, you might consider the likes of Peloton or Garmin. Lululemon Athletica allows you to take things to the next level by investing in a growing fitness apparel brand.

Lockdown

In the current economic landscape, gym stocks could be described as cyclical companies. This is especially the case with bricks-and-mortar businesses like Planet Fitness.

After all, the firm was forced to close many of its US-based gyms during the lockdown measures of 2020. This did, of course, have a major impact on Planet Fitness’s bottom line.

At the other end of the spectrum, Peloton benefited greatly from the lockdown measures, as people were buying the firm’s exercise equipment in their droves. But now that restrictions have since eased, demand for Peloton bikes and treadmills have since dwindled.

Dividends

If you’re looking for the best dividend stocks from within the gym and fitness industry, you might be somewhat disappointed. This is because many of the gym stocks that we identified do not have a dividend policy in place. The only exception to this rule is Garmin, which is offering a running yield of almost 2% as of writing.

Where to Buy Gym Stocks – Full Broker Reviews

Once you have decided on the best gym stocks for your portfolio – the only thing left to do is complete your purchase with an online broker. If you aren’t quite sure which broker is a good fit for this purpose – below we review ten top-rated platforms to consider.

Each platform is regulated by the SEC and offers a wide selection of low-cost gym stocks.

1. eToro – Overall Best Place to Buy Gym Stocks

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eToro offers a simple and low-cost way to buy gym stocks from the comfort of home. Founded in 2007, eToro serves over 20 million traders of all shapes and sizes. Opening an account with the broker takes less than five minutes and you only need to meet a minimum deposit of $50 to get started. Then, it’s just a case of searching for your preferred gym stocks and specifying how much you wish to invest. eToro supports fractional share purchases, so you can invest any amount as long as you meet the minimum of $10.

In terms of supported markets, eToro not only covers the US – but more than a dozen international exchanges. This is inclusive of markets in Europe, Asia, and more. Best of all, both US and international gym stocks at eToro can be purchased at 0% commission. This means that you do not need to pay a premium to access non-US markets – like you do with most online brokers. eToro is home to a number of other asset classes in addition to stocks – such as index funds, ETFs, cryptocurrencies, and forex.

etoro copy portfolio

Furthermore, eToro also offers its popular Copy Trading tool – which allows you to copy another investor. That is to say, once you have chosen an investor to copy, any positions that they open will be reflected in your own eToro account automatically. You can also invest in pre-made portfolios that are managed by the eToro team. In terms of regulation, eToro holds a license with the SEC, FCA, and other bodies. Supported payment methods here include debit and credit cards, Paypal, Neteller, ACH, and more.

Pros

  • Invest in stocks at 0% commission
  • Minimum investment per stock is $10
  • Supports debit/credit cards, e-wallets, and bank transfers
  • Regulated by the SEC, FCA, ASIC, and CySEC
  • Used by over 20 million people
  • Perfect for beginners
  • Social and copy trading tools

Cons

  • Perhaps too basic for technical traders
  • No support for MT4 or MT5

 67% of retail investor accounts lose money when trading CFDs with this provider.

2. Webull – Buy Gym Stocks at 0% Commission

webull review

If you’re looking to invest in gym stocks that are listed in the US – Webull could be the right broker for you. This is because the user-friendly provider offers access to thousands of US-listed stocks – all of which can be bought and sold on a commission-free basis. Furthermore, Webull does not require you to meet a minimum deposit amount and it even supports fractional shares.

webull review

When exploring the payments department, we found that Webull allows you to deposit funds via ACH on a fee-free basis. However, if a bank wire is your preferred method of payment, you will be charged $8 and $25 for deposits and withdrawals, respectively. In addition to traditional gym equities, Webull also gives you access to stock options. This will allow you to trade gym stocks on margin.

Pros

  • Thousands of US-listed stocks
  • 0% commission trading
  • Also supports ETFs and stock options
  • No minimum deposit

Cons

  • No support for debit/credit card deposits
  • Very limited selection of non-US stocks
  • Spreads can be somewhat high
  • Wire transfer withdrawals cost $25 per transaction

at eToro, #1 Online Broker

 67% of retail investor accounts lose money when trading CFDs with this provider.

3. Zacks Trade – Top Broker for Advanced Traders  

zacks trade review

While eToro and Webull are typically favored by casual investors – Zacks Trade offers a highly advanced platform that will appeal to seasoned pros. In fact, if you download and install the Zacks Trade Pro software to your Windows or Mac device, you will have access to a super-sophisticated range of trading features. This covers both fundamental and technical analysis tools.

zacks trade review

You can also access market insights from leading researchers – which is inclusive of Thomson Reuters and Morningstar. In terms of supported markets, Zacks Trade offers gym stocks from both the US and international exchanges. If you are buying gym stocks from either the NSYE or NASDAQ, a flat fee of $0.01 per share will apply. International markets come with various fees – so be sure to check this.

Pros

  • Advanced trading platform
  • Huge research and analysis department
  • Great for seasoned traders

Cons

  • Too complex for beginners
  • Cheaper trading fees available elsewhere
  • Minimum deposit required is $2,500

at eToro, #1 Online Broker

 67% of retail investor accounts lose money when trading CFDs with this provider.

4. Robinhood – Great US-Based Broker for Beginners 

robinhood review

Robinhood is another US-based broker that offers a user-friendly and low-cost investment experience. The broker offers thousands of stocks and ETFs, which you can buy and sell at 0% commission. Stock options and funds are also supported. Robinhood only offers in the region of 250+ ADRs, so this broker won’t be suitable if you wish to buy gym stocks from the international markets.

robinhood review

Nevertheless, if you want to trade gym stocks on margin, you will need to open a gold account at $5 per month. This account type also gives you access to higher deposit limits and comprehensive research tools. If, on the other hand, you simply want to invest in gym stocks in the traditional sense – the free account is more than sufficient.

Pros

  • No commissions charged
  • Offers US-based stocks, ETFs, and options
  • No minimum deposit
  • Very user-friendly

Cons

  • Spreads can be uncompetitive
  • No support for e-wallets or debit cards
  • No foreign stocks

at eToro, #1 Online Broker

 67% of retail investor accounts lose money when trading CFDs with this provider.

5. Merrill Edge – Online Brokerage With a Variety of Investment Accounts   

Merrill Edge review

The next broker to consider when you buy gym stocks online is Merrill Edge. The broker – which is owned by its parent company the Bank of America, is a trusted and safe place to invest. Merrill Edge covers investor profiles of all sizes and budgets – especially when you consider that self-directed accounts come with no minimum deposits or ongoing fees.

Merrill Edge review

Furthermore, self-directed accounts at Merrill Edge allow you to buy gym stocks at 0% commission. This is also the case with US-listed ETFs. Although the broker supports low minimums, Merrill Edge does not allow you to buy small fractions of a share. On the contrary, you need to purchase at least one stock in your chosen gym company.    

Pros

  • Several account types to choose from
  • Self-directing accounts offer 0% commission stocks
  • ETFs, mutual funds, and bonds also supported 

Cons

  • Financial advisory accounts require minimum investment of $20,000
  • No direct fractional share purchases    

at eToro, #1 Online Broker

 67% of retail investor accounts lose money when trading CFDs with this provider.

6. SoFi – Invest in Gym Stocks via Fractional Shares   

SoFi invest review

Unlike Merrill Edge, SoFi allows investors in the US to purchase fractional shares. In fact, you can buy any US-listed stock of your choosing by meeting a super-small minimum of just $5. This is also the case with ETFs, albeit, cryptocurrencies require a minimum purchase of $10. All stocks hosted on the user-friendly SoFi platform can be purchased commission-free.

SoFi invest review

We also like that SoFi allows you to invest in newly listed IPOs. Various account types are supported by this broker – including a wide selection of IRAs. You can also open an automated investing account if you wish to have your portfolio built for you. This is made possible via the SoFi robo advisor. Finally, SoFi – as a FinTech platform, also offers loans and credit cards.

Pros

  • Supports fractional shares
  • Offers stocks, ETFs, and crypto
  • Access to IPOs 

Cons

  • Trading platform comes with limited features
  • No copy trading tools
  • Number of supported assets is somewhat limited

at eToro, #1 Online Broker

 67% of retail investor accounts lose money when trading CFDs with this provider.

7. Fidelity – Trusted US Brokerage With 7,000+ Stocks   

fidelity review

Fidelity is one of the largest brokerage firms globally in terms of assets under management. Traders of all budgets use Fidelity to invest in the financial markets – even those that only have a few dollars to risk. This is thanks to the Stocks by Slice tool, which allows Fidelity account holders to buy stocks from just $1. Take note, this tool is available for stocks listed in the US only.

Another major selling point of Fidelity is that the broker offers 0% commission stocks. Once again, this is only the case if your chosen gym stock is listed on a US exchange. If you’re looking to invest in a wide range of assets, Fidelity also offers mutual funds, index funds, ETFs, and managed portfolios. Fixed-rated bonds and access to IPOs are also an option at this top-rated brokerage.       

Pros

  • Trusted US-based brokerage
  • $0 commission on US stocks and ETFs
  • Stock Slice tool allows fractional investments of $1 

Cons

  • Perhaps too complex for newbies
  • Non-US assets come with high fees  

at eToro, #1 Online Broker

 67% of retail investor accounts lose money when trading CFDs with this provider.

8. Ally Invest – Challenger Bank Offering Low-Cost Stock Investments  

Ally Invest review

Ally Invest is aimed at newbies that wish to invest in the stock markets with a small amount of trading capital. You won’t need to meet a minimum deposit here and accounts can be opened free of charge. Supported deposit methods come in the shape of ACH and bank wires. In addition to gym stocks, Ally Invest also offers a good selection of ETFs, bonds, and mutual funds.

ally invest review

When it comes to pricing, Ally Invest does not charge any trading commissions on stocks. You can, however, only buy gym stocks that are US-listed, as Ally Invest does not support foreign exchanges. This broker is also worth considering if you want to invest passively, as Ally Invest offers access to robo advisor services. Finally, Ally Invest also offers alternative financial products – such as mortgages and personal loans.

Pros

  • Access banking and investment services via a single platform
  • $0 commission stocks and ETFs
  • No minimum deposit

Cons

  • Does not offer international shares
  • Tools and research features very limited   

at eToro, #1 Online Broker

 67% of retail investor accounts lose money when trading CFDs with this provider.

9. Interactive Brokers – Trade US Stocks at 0% Commission

Interactive Brokers

While Ally Invest only gives you access to US exchanges, Interactive Brokers supports markets in 33 nations. This allows you to diversify your gym stock portfolio – with the broker covering exchanges in North America, Asia, Europe, and more. Commissions on international stocks vary depending on the market, albeit, all US-listed equities can be purchased fee-free.

Interactive Brokers

Self-directed accounts at this broker also give you access to ETFs, mutual funds, IPOs, bonds, and more. Various account types are offered by Interactive Brokers – with all financial profiles and budgets covered. This is inclusive of a selection of retirement and educational accounts. You can also access managed portfolios at Interactive Brokers.

Pros

  • Thousands of investments across 135 markets
  • Advanced trading platform for seasoned investors  

Cons

  • Low fees only offered on US-listed stocks
  • Too complicated for beginners 
  • Debit card deposits and withdrawals not available     

at eToro, #1 Online Broker

 67% of retail investor accounts lose money when trading CFDs with this provider.

10. E*TRADE – Good Broker for Long-Term Investments 

E*TRADE review

E*TRADE offers access to thousands of stocks from the NYSE and NASDAQ. All supported US stock markets can be bought and sold commission-free. When you open a self-directed account here, no minimum deposit requirements are stipulated. You can also open a retirement account if you wish to invest in a tax-efficient way.

E*TRADE review

Although E*TRADE offers a simple way to invest in the financial markets, we should note that you cannot buy fractional gym stocks. Another drawback of using this platform is that access to international markets is very limited. Nevertheless, we do like E*TRADE for its offering of educational tools – which allows you to learn about the stock markets through a single platform.        

Pros

  • Great for long-term investments
  • Supports a variety of retirement accounts
  • Low fees  

Cons

  • Very limited number of non-US stocks
  • Won’t suit seasoned investors seeking high-level trading tools     

at eToro, #1 Online Broker

 67% of retail investor accounts lose money when trading CFDs with this provider.

How to Buy Gym Stocks – Detailed & Explained in Full

If you’re ready to buy gym stocks right now with a top-rated commission-free broker – the walkthrough below will show you how to do this at eToro in less than five minutes.

You need to meet a minimum investment of just $10 at this broker – which is a perfect way to mitigate the risk of buying gym stocks.  

Step 1: Open a Broker Account

The first requirement at eToro is to register an account. You can get the ball rolling by clicking on the ‘Join Now’ button via the homepage. In doing so, you will see a registration box appear on your screen. Simply fill in the required information – such as your name and cell phone number.          

how to join etoro

All brokers that are regulated by the SEC are required to verify the identity of new customers. This process at eToro is fully automated – so as soon as you upload a copy of your ID – you should find that your account is verified in just 1-2 minutes.

67% of retail investor accounts lose money when trading CFDs with this provider.

Step 2: Deposit Funds

The minimum deposit requirement at eToro is just $50. You can choose from a selection of payment methods to deposit funds – including debit/credit cards and e-wallets like Paypal.

Deposit Funds

Bank transfers are also supported but will take longer to process. US clients can deposit funds on a fee-free basis – regardless of the payment method being used.

Step 3: Search for Gym Stocks

At the top of the page, you will see a search box. Here, you can enter the name of the gym stock that you are planning to purchase. 

how to buy gym stocks at eToro

As you can see from our example above, we are looking to buy shares in Planet Fitness.

Step 4: Buy Gym Stocks

The final step is to fill in an order form – which will populate once you click on the ‘Trade’ button next to your chosen stock. Look out for the ‘Amount’ field, which is where you need to specify your investment stake.

how to buy gym stocks at eToro

All stocks at eToro can be purchased from just $10 – so your stake can be any amount equal to or above this figure. To confirm your gym stock purchase, click on the ‘Open Trade’ button. 

How to Buy Gym Stocks – Conclusion

Gym stocks allow you to invest in the broader fitness industry – which continues to rise year on year as society looks to become more health-focused.

Potential stocks that you might consider include gym chains such as Planet Fitness, at-home equipment manufacturer Peloton, or even apparel brand Lululemon Athletica. If you know which gym stocks are right for your portfolio, you can complete the investment process in just five minutes when using eToro.

This online broker – which is used by over 20 million people, allows you to buy gyms stocks at 0% commission. And, you only need to meet a minimum stock investment of $10 to get the ball rolling.

1
$50Exclusive promotion
Our score10
  • Invest in a wide range of cryptocurrencies
  • Ability to copy more experienced investors and their decisions
  • eToro crypto wallet included which makes it beginner-friendly
0% Commissionstart TradingOur score 10

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About Kane Pepi PRO INVESTOR

Kane Pepi writes for several high profile publications such as InsideBitcoins, the Motely Fool, and Learnbonds. Based in Malta, Kane is extremely skilled at complex subjects related to financial matters - including a Bachelor’s Degree in Finance, a Master’s Degree in Financial Crime, and actively engaged in Doctorate Degree research, for the money laundering threats of the blockchain economy.