It might seem like a ridiculous investment: a company that sells a $2,500 stationary bike? Anyone could come along and offer a cheaper alternative. 

In a nutshell, that's how Motley Fool contributor Brian Stoffel thought of Peloton Interactive (NASDAQ:PTON) when it came public two years ago. But after digging a little, it's clear that there's far more to Peloton than your typical consumer discretionary company. In fact, the bikes themselves -- while not unimportant -- are far from the only revenue stream.

In this June 21 video from the YouTube channel of Motley Fool contributors Brian Feroldi and Brian Stoffel, find out why the company is positioned to do exceptionally well moving forward -- even without the COVID-19 tailwind that increased engagement.

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.