You're Underestimating Peloton Stock

By Travis Hoium – May 3, 2023 at 8:15AM

NASDAQ: PTON

Peloton Interactive

Market Cap

$1B

Today's Change

(9.52%) $0.38

Current Price

$4.32

Price as of May 9, 2024, 1:27 p.m. ET

Peloton may be down, but it's not out in the home fitness business.

Peloton (PTON 9.52%) went from market darling to dud over the last three years, but there's a lot to like about the company we see today. Subscribers are loyal, the service is improving, and competitors are weakening. Travis Hoium highlights why this is one of his favorite stocks in the video below.

*Stock prices used were end-of-day prices of May 1, 2023. The video was published on May 2, 2023.

Travis Hoium has positions in Peloton Interactive. The Motley Fool has positions in and recommends Peloton Interactive. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.