Should You Buy Peloton Stock Hand Over Fist With $1,000 in 2024?
While the Nasdaq Composite Index had a remarkable 2023, rising 43% last year, there were many stocks that completely missed out on the broad market rally.
Take Peloton Interactive (NASDAQ: PTON), the troubled connected-fitness company that saw its share price decline 23% last year. And down 5% year to date, shares continue to underperform. Investors looking for a bargain-basement deal might be eyeing Peloton as a potential opportunity
Should you buy this consumer discretionary stock hand over fist with $1,000 in 2024? Here's what investors need to know.
Source Fool.com
Peloton Interactive Inc. Stock
€3.28
-1.040%
Currently there is a rather positive sentiment for Peloton Interactive Inc. with 10 Buy predictions and 3 Sell predictions.
With a target price of 7 € there is potential for a 113.64% increase which would mean more than doubling the current price of 3.28 € for Peloton Interactive Inc..
