3 Ways to Silence Any Peloton Bear Argument
You're feeling pretty good as a Peloton Interactive (NASDAQ: PTON) bull these days. The stock has nearly tripled in 2020, moving higher again on Thursday when most of the market went the other way.
Bears aren't buying it. They argue Peloton is overvalued, its product overhyped, and that competition will eat them alive. The naysayers have been saying that all the way up, so let's poke some holes in some of the more common bearish missives.
Image source: Peloton Interactive.
Source Fool.com
