Better Buy: Nike vs. Peloton
Nike (NYSE: NKE) and Peloton (NASDAQ: PTON) represent two different ways to invest in the fitness market. Nike is the world's largest producer of athletic footwear and apparel. Peloton dominates a high-growth niche with its pricey exercise bikes, which are tethered to subscription-based spin classes on integrated touch screens.
The pandemic generated tough headwinds for Nike with supply chain disruptions and store closures, but stirred up tailwinds for Peloton, which benefited from stay-at-home measures and gym closures.
Image source: Getty Images.
Source Fool.com
