Look we know the bottom: here's why there's upside

2023年3月22日

We found the bottom people. Look at that sideways movement. It's basically at the lowest it will be now. This stock is not going to 0 because let me tell you. The people who like peloton are not getting rid of their bikes. They're a huge up front investment and they are addicting as a form of workout. People aren't going to stop working out no matter what the rates do.

Peloton is an excellent stock to buy, as it has a strong track record of growth and is well-positioned to benefit from the current pandemic. The company is a leader in connected fitness technology and its connected bikes and treadmills have been popular in recent years, as the company seeks to capitalize on the trend of consumers looking for digital solutions to their fitness needs. Peloton also offers a variety of other products and services, such as group classes, virtual coaching, and a wide selection of streaming content. Peloton's financial performance has been impressive, with strong revenue growth and a healthy balance sheet, and the company is expected to continue to benefit from the current pandemic and its focus on the health and wellness market.