Here's Why Peloton Is Much More Than a COVID Play
When Peloton (NASDAQ: PTON) announced it was going public, two Motley Fool contributors rolled their eyes. "Who would want to invest in a company whose stationary bike costs thousands of dollars," they wondered. "A bike like that is surely a one-off purchase, right? So the market won't be very large."
Well, their tune has changed...significantly. In this video from their YouTube Channel, recorded on June 21, those skeptics -- Brian Stoffel and Brian Feroldi -- talk about what changed their mind. In fact, Stoffel was so taken by the optionality in the business that he put his own money behind the growth stock. Find out why below.
Source Fool.com
