2 Beaten-Down Growth Stocks to Buy in October
In this video, I will be talking about Peloton (NASDAQ: PTON) and Pinterest (NYSE: PINS) and the moves both companies have been making this quarter. You can find the video below.
The stock is down due to fears that people might stop using Peloton's services or buying the equipment. But the company has actually been making some moves this quarter that will bear fruit in the future.
The stock is down 30%, mainly because of fears that the number of monthly active users will not grow any further. However, revenue has grown 125% year over year. But just like Peloton, the company has been making moves this quarter:
Source Fool.com
