Trash or Stash Peloton?
Welcome back to “Trash or Stash”!
We take a popular stock… strip away the hype… and judge whether it’s worthy to be stashed in your portfolio for massive future gains… or tossed into a garbage pile!
So far in this series, we’ve trashed Robinhood (Nasdaq: HOOD) and Digital World Acquisition (Nasdaq: DWAC). This week, I’ve got Peloton (Nasdaq: PTON) in my crosshairs.
Can this floundering fitness stock dodge the dumpster?
Let’s find out!
Action Plan: Want more analysis and more official recommendations on which stocks to avoid and which to jump on? Then join us in Trade of the Day Plus. We’ll have a new pick for you every Wednesday in a fun and informative video update. And the timing couldn’t be better. My partner, Karim, is currently recommending a stock trading for under $2 that is so undervalued, it’d still be a bargain at $20!
More from Trade of the Day
Warning: Trade This Notable Sentiment Shift
Apr 22, 2024
Why Next Week Could Be Big (Special Offer Inside)
Apr 19, 2024
When it Comes to Positioning – Size Matters
Apr 18, 2024
The One Strategy I’m Leaning on in a Choppy Market
Apr 18, 2024