Peloton Stock Is Making a Big Move: Is It a No-Brainer Buy With $100 Right Now?
We're still in the middle of earnings season. While that usually means that management teams give minor updates about financial performance, there are still some market-shaking news stories that some businesses provide shareholders. Peloton Interactive (NASDAQ: PTON) was one of these headline-grabbing companies.
The troubled fitness hardware and software provider is making big moves. Its shares are up 20% in just the past week. Maybe there is some momentum brewing here.
With that being said, is Peloton a no-brainer stock to buy with $100 right now?
Source Fool.com
Peloton Interactive Inc. Stock
Currently there is a rather positive sentiment for Peloton Interactive Inc. with 9 Buy predictions and 5 Sell predictions.
With a target price of 7 € there is potential for a 108.92% increase which would mean more than doubling the current price of 3.35 € for Peloton Interactive Inc..