Its exercise bikes, treadmills, and now its recently unveiled rowing machines are a top-of-the-line choice in each of their respective categories. The new rowing machine, for perspective, will retail for $3,195 when it finally becomes available for purchase. What you may not realize, however, is that Peloton's goal isn't only to make fitness equipment.
Peloton (NASDAQ: PTON) is an interactive exercise equipment company with an exciting business model and plenty of intriguing changes in recent quarters. In this video, I conduct a step-by-step walk-through of how to read the company's most recent annual report.
Peloton (NASDAQ: PTON) is in the middle of a major restructuring after overinvesting in capacity. Does that mean investors should stay away from the stock? Or could it be an opportunity to invest in a turnaround story? In the video below, I talk about whether it's an excellent time to buy Peloton stock.