I Made This Mistake in the Last Bull Market -- I Won't Be Making It Again
The good thing about investing is you can learn from your mistakes. The bad thing about investing is those mistakes can be especially painful.
As I look back on my investing moves over the past few years, I can't help but return to one I wish I could take back: my investments in (NASDAQ: PTON). This isn't to say I wouldn't invest in Peloton at all (although it's easy to make that argument now with the stock down 97% from its peak), but my approach would've been a lot more disciplined.
I made my first investment in Peloton in early 2020, anticipating the surge in demand it may experience with COVID-19 causing lockdowns worldwide. It was a simple decision in my mind: Closed gyms would force people to rely on at-home fitness equipment. To my credit, that's exactly what happened.
Source Fool.com
Peloton Interactive Inc. Stock
Our community is currently high on Peloton Interactive Inc. with 11 Buy predictions and 3 Sell predictions.
As a result the target price of 6 € shows a positive potential of 45.6% compared to the current price of 4.12 € for Peloton Interactive Inc..
