Please ensure Javascript is enabled for purposes of website accessibility

Here's Why Peloton Is Much More Than a COVID Play

By Brian Stoffel and Brian Feroldi – Aug 4, 2021 at 7:30AM

Key Points

  • Many investors wonder if the waning pandemic could cause business to slump at Peloton.
  • These two investors thought the same thing.
  • A decade from now, the iconic bikes could be a small part of the company as a whole.

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

In fact, it's more than a stationary bike play, too.

When Peloton (PTON 13.00%) announced it was going public, two Motley Fool contributors rolled their eyes. "Who would want to invest in a company whose stationary bike costs thousands of dollars," they wondered. "A bike like that is surely a one-off purchase, right? So the market won't be very large."

Well, their tune has changed...significantly. In this video from their YouTube Channel, recorded on June 21, those skeptics -- Brian Stoffel and Brian Feroldi -- talk about what changed their mind. In fact, Stoffel was so taken by the optionality in the business that he put his own money behind the growth stock. Find out why below.

Brian Stoffel owns shares of Peloton. The Motley Fool owns shares of and recommends Peloton Interactive. The Motley Fool has a disclosure policy.

Stocks Mentioned

Peloton Interactive Stock Quote
Peloton Interactive
$13.30 (13.00%) $1.53

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

Related Articles

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.