Could Peloton Interactive Be a Millionaire-Maker Stock?
Many investors look at recent IPOs to see whether companies have the potential to become the next big blockbuster stocks. Yet along with the hype that accompanies newly public stocks, there's inevitably controversy. Fewer stocks that have gone public recently have generated more debate than Peloton Interactive (NASDAQ: PTON), the maker of interactive fitness equipment like stationary bikes and treadmills.
Peloton has enjoyed considerable revenue growth in its short history, but despite considerable volatility, its stock price hasn't done much since its late 2019 IPO. Below, we'll look at the bull and bear arguments about Peloton to see which one looks more compelling -- and whether that could make Peloton Interactive into a millionaire-maker stock in the years to come.
Source Fool.com