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Here's Why You Shouldn't Bet Against Peloton

Here's Why You Shouldn't Bet Against Peloton

The ongoing coronavirus pandemic has forced investors to reassess their investment philosophies. A big beneficiary is Peloton Interactive (NASDAQ: PTON), whose 2.6 million members helped generate sales of $525 million in the quarter ended March 31, 2020, representing 66% growth year over year. Let's dive into how investors should interpret this.