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The Shocking Stock Up 70% in Just 2 Months

Surprise, Peloton stock is on fire.

By Travis Hoium – Oct 18, 2024 at 5:32AM EST

After a rough few years, Peloton (PTON +8.85%) stock has been on fire recently, climbing 70% in just over two months. The reason investors are excited about Peloton again is the company's rapidly improving financials. In this video, Travis Hoium covers how the company's strategy has changed and why investors should take another look at Peloton stock.

*Stock prices used were end-of-day prices of Oct. 14, 2024. The video was published on Oct. 14, 2024.

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About the Author

Travis Hoium
Travis Hoium is a contributing Motley Fool stock market analyst covering solar energy, technology, and growth stocks. Before The Motley Fool, Travis was a mechanical engineer at 3M and founded a virtual reality company. He holds a bachelor’s degree in mechanical engineering and a master’s degree in business administration from the University of Minnesota.
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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.

Stocks Mentioned

Peloton Interactive Stock Quote
Peloton Interactive
NASDAQ: PTON
$4.46
(+9.46%)+$0.39

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

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