Top 5 Fitness Stocks to Buy Now

2. Dexcom, Inc. (NASDAQ:DXCM)

No of HFs: 58

Total Value of HF Holdings: $1.5 Billion

Dexcom, Inc was founded in 1999, it is a company headquartered in San Diego, California that develops, manufactures, and distributes continuous glucose monitoring systems for diabetes management. During the third quarter of 2020, the company’s revenue grew 26% versus the same quarter of 2019 to $500.9 million.

Is DexCom likely to remain resilient from the COVID-19 impact? In an article, we mentioned Brown Advisory’s words on DXCM,

“The right words to describe DexCom’s attractive performance are hard to find. Despite an expanded approval of Abbott’s competing glucose monitoring device, the stock has remained resilient.”