The Latest Breaking News from PTON

Soaring concerns over an impending Fed-induced recession have hampered investor sentiment. With the likelihood of a downturn in upcoming months, are popular stocks Peloton Interactive (PTON), Tilray Brands (TLRY), and ContextLogic (WISH) worth your attention? Read on to find out….

Consumers showing resiliency in the face of high inflation should bode well for the consumer goods sector. However, recession fears are still prevalent. While we think consumer stocks Unilever (UL), Ennis (EBF), and Mannatech (MTEX) might be ideal buys now, fundamentally weak Peloton Interactive (PTON) could be best sold short.…

The consumer goods industry could benefit from the rise in consumer spending and the stable demand for its products. Therefore, investing in the fundamentally sound consumer goods stock Procter & Gamble (PG) could be wise. However, it might be wise to avoid Roku (ROKU) and Peloton Interactive (PTON) due to…

The Fed is expected to keep hiking rates well into 2023 to achieve its target inflation rate. Amid such rate hikes, the odds of a recession are pretty high. Given the grim outlook, it could be wise to steer clear of fundamentally weak stocks Advanced Micro Devices (AMD), Camber Energy…

Fitness stock Peloton Interactive, Inc. (PTON) witnessed a wider-than-expected loss in its last reported quarter. Although the stock is gaining momentum lately, given weakening consumer demand and an uncertain macro environment, will it be wise to invest in the stock now? Continue reading.

Consumer confidence dropped month-over-month in November. However, it remains well above the mark, indicating a healthy economy. We think investors’ quality stocks, UnitedHealth Group (UNH) and Bristol-Myers Squibb (BMY), which have solid dividend-paying records, could help navigate the uncertainties. However, fundamentally weak Peloton Interactive (PTON) and Mullen Automotive (MULN) might…

While the October inflation report came in better than expected, it is far from the Fed’s target. Amid rising recession odds, consumer sentiment is declining. Therefore, fundamentally weak stocks NVIDIA (NVDA), Carnival Corporation (CCL), AMC Entertainment (AMC), Peloton Interactive (PTON), and Mullen Automotive (MULN), which have been slumping in price,…

With the pandemic in our rearview mirror, consumers have been increasingly reverting to their predominantly outdoor pre-pandemic lifestyles. Hence, businesses that enjoyed significant demand from consumers confined to their homes have been losing ground. Shares of two such companies, Teladoc Health (TDOC) and Peloton (PTON), are best avoided now since…

The Fed’s aggressive rate hike regime has heightened recessionary concerns. Therefore, fundamentally weak stocks Plug Power (PLUG) and Peloton Interactive (PTON) might be best avoided. Read more.