Is Peloton Just a Commodity Product?
Peloton (NASDAQ: PTON) stock has had a phenomenal run over the last 12 months. The shares have gained 412% over that period, as demand for the company's exercise bikes and digital subscriptions soared due to stay-at-home orders.
However, Peloton's success has attracted a horde of new competitors who want a piece of the booming at-home exercise market. Companies like NordicTrack offer Peloton-esque bikes, while lululemon athletica's (NASDAQ: LULU) Mirror competes directly with Peloton's new non-cardio offerings. Can these companies steal market share? Or does Peloton have a business model that separates it from the pack?
Source Fool.com


