Although the COVID-19 pandemic threw a wrench in social gatherings and most in-person activities, not all businesses are struggling. In fact, some are actually taking off.
With the rising number of coronavirus cases around the world, group fitness classes (fitness that’s done in a group setting led by a trainer or instructor) have lost much of their allure as people look for a safer way to stay fit within their own homes.
That’s where online fitness classes — and top online fitness stocks — come into play…
Online fitness training and online fitness stocks have skyrocketed for two major reasons: Gyms are closed and trainers need a way to make ends meet, and people still want effective workouts.
To tell you the truth, a lot of my friends have switched to online fitness classes, and they’re absolutely loving it so far!
Since the original coronavirus vaccine timeline has been pushed back from November to potentially the first quarter of 2021, the stay-at-home fitness craze looks like it’s here to stay.
2 Top Online Fitness Stocks Bucking the Trend
I’ve been watching something strange develop in the stock market over the past few weeks…
I typically monitor 90-day breakouts closely, so that’s why I noticed that a great majority of stocks failed to trade higher after the S&P 500 hit an all-time high close on September 2.
But it’s what happened next that really took me by surprise…
A handful of mid-cap stocks — what I like to call “the original” stay-at-homers — that initiated February’s sell-off are now trading higher.
In case you don’t know which tickers I’m referring to, let me show you…
I also want to hear your thoughts. Let me know in the comment section below if you’ve added any of these top online fitness stocks to your portfolio, any other stay-at-home tickers you’re liking at the moment or if you’ve picked up any new healthy habits during quarantine.
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