These 2 Stocks Are the Real Deal
Since their IPOs in 2019, Peloton Interactive (NASDAQ: PTON) and Pinterest (NYSE: PINS) share prices are up roughly 393% and 192%, respectively. The stock price gains for each company have been fueled by rapidly increasing revenues that show no signs of slowing down.
Customer appetite for Peloton's products is so strong that delivery of most bikes takes over two months. Meanwhile, Pinterest was able to add 100 million monthly active users in 2020.
The stock price ride upward for both companies has been somewhat volatile, and each faces some challenges ahead. However, the two have proven they have real investment potential. Let's take a closer look at why these two growth stocks have what it takes to continue providing solid returns to shareholders.
Source Fool.com
