Fool.com contributor Parkev Tatevosian highlights one cheap stock for bargain-hunting investors to buy in bunches in 2024.
*Stock prices used were the afternoon prices of Feb. 7, 2024. The video was published on Feb. 9, 2024.
1 Ridiculously Cheap Stock Down 97% to Buy Hand Over Fist in 2024
By Parkev Tatevosian, CFA – Feb 10, 2024 at 6:00AM
NASDAQ: PTON
Peloton Interactive
Market Cap
$3.0B
Today's Change
(-3.08%) $0.23
Current Price
$7.24
Price as of October 30, 2025 at 4:00 PM ET
There is a reason this stock is down so much, but I think the risk versus reward is worthwhile in this investment.
About the Author
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.