3 Reasons to Buy Peloton Stock
Sales are surging for Peloton Interactive (NASDAQ: PTON) as exercising at home is becoming more popular. Gym closures following the pandemic's onset only put fuel on a fire that was already white-hot. That isn't to say the company is clear of any challenges. And there is no telling, for certain, how consumers will behave in the aftermath of the pandemic.
Will they return to their accustomed habits from before the pandemic? Or will they stick with new habits formed when so many businesses were closed? Most likely, it will be a blending of both worlds. Regardless of the scenario, Peloton has a good chance to thrive. Here are three reasons to buy Peloton stock.
Image source: Getty Images.
Source Fool.com
