Can This Beaten-Down Growth Stock Become a Trillion-Dollar Company by 2050?
In order to get better and learn new lessons, it's a good idea for investors to study history. These insights can be applied to new investment opportunities you might be looking at.
Perhaps no business has presented a more informative case study than Peloton Interactive (NASDAQ: PTON) in recent times. The fitness industry innovator was on an impressive growth trajectory before the pandemic, a trend that was supercharged when people were stuck in their homes during the health crisis.
That rise was spectacular. But Peloton's fall from grace, as evidenced by the share price that's 98% below its peak, is even more unbelievable. Despite the company's ongoing struggles, I'm sure there are still fervent Peloton bulls who hope better days are coming.
Source Fool.com
Peloton Interactive Inc. Stock
Currently there is a rather positive sentiment for Peloton Interactive Inc. with 10 Buy predictions and 4 Sell predictions.
With a target price of 6 € there is a hugely positive potential of 61.53% for Peloton Interactive Inc. compared to the current price of 3.71 €.
