Peloton's (PTON 1.59%) stock has been on fire recently, in part because the company is focused on a strategy that works. It needs to sell high-end bikes to consumers and make money on their subscriptions. A recent deal with Costco (COST +0.50%), of all retailers, could fuel the company's growth. In this video, Travis Hoium shows how this could be a win-win deal over the long term.
*Stock prices used were end-of-day prices of Oct. 22, 2024. The video was published on Oct. 23, 2024.
