Peloton Interactive (PTON)
Tour de force.
Summary
Peloton has doubled revenues for the last three years. The company boasts 3.1 million users and a retention rate of 92%.
The stock has had a huge run-up thanks to the pandemic and now trades at 12 times sales and an enterprise value of $27 billion.
The valuation is not cheap but there is still room for upside. I am taking a half position and will a…