What Can Apple's Success Teach Investors About Peloton's Struggles?
Apple (NASDAQ: AAPL) and Peloton Interactive (NASDAQ: PTON) couldn't be further apart at opposite ends of the spectrum when it comes to rewarding their shareholders. The iPhone maker has seen shares soar 185% in the past four years, a time when the fitness company's stock has tanked 86%.
But despite their vastly different performances, investors can look at both of these businesses to gain insights for portfolio decisions. There is a lot that Apple's success can teach us about Peloton's struggles that might affect how you view the latter's stock.
At a high level, it's not too difficult to figure out how Apple and Peloton are the same. Both businesses sell well-designed and easy-to-use consumer hardware.
Source Fool.com
Peloton Interactive Inc. Stock
€3.31
2.300%
Our community is currently high on Peloton Interactive Inc. with 10 Buy predictions and 3 Sell predictions.
Based on the current price of 3.31 € the target price of 7 € shows a potential of 111.42% for Peloton Interactive Inc. which would more than double the current price.
