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Better Buy: Peloton vs. Nike

Better Buy: Peloton vs. Nike

In the case of Peloton Interactive (NASDAQ: PTON), the scorching $36 billion at-home fitness company benefited greatly from coronavirus-related lockdown orders as people needed ways to work out without leaving the house. The stock price is up almost fivefold over the past year, but the easing of restrictions and the progress of vaccinations could slow down its impressive growth. Meanwhile, Nike (NYSE: NKE), the $172 billion sports apparel and footwear behemoth was forced to temporarily shutter many of its stores in the fiscal 2020 fourth quarter (which ended May 31, 2020) due to the lockdowns.