3 Great Reasons to Buy Peloton Stock Despite Investor Fears
Shares of connected-fitness company Peloton Interactive (NASDAQ: PTON) rose more than 400% in 2020, making it one of the best stocks of the year. But this year's results are reversing: Peloton is one of 2021's biggest losers, down roughly 40% from all-time highs as of this writing.
Many investors are understandably fearful about Peloton stock. But I believe each valid concern can be countered with good reasons to push fear aside and buy the stock right now.
Image source: Peloton Interactive.
Source Fool.com