Peloton (PTON -3.81%) 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.
Stock prices used were the afternoon prices of Sept. 19, 2022. The video was published on Sept. 21, 2022.
Parkev Tatevosian has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Peloton Interactive. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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