The Latest Breaking News from PTON

Amidst high inflation, banking failures in recent weeks, and tight monetary policies, the economy is expected to witness a downturn this year. Against this backdrop, fundamentally weak stocks, Snap (SNAP) and Peloton Interactive (PTON) could be best sold short, liquidated, or avoided completely. Read on.

Despite the banking industry crisis, the Fed is expected to launch another rate hike next week as it remains committed to bringing inflation down. Therefore, fundamentally weak stocks Snap (SNAP), Peloton Interactive (PTON), and Tilray Brands (TLRY) might be best avoided as they might plunge further. Keep reading.

Rising borrowing costs could cause an economic downturn and induce more volatility in the stock market. Hence, it could be wise to avoid fundamentally weak stocks Snap (SNAP), Robinhood Markets (HOOD), and Peloton Interactive (PTON) before it gets too late. Read more….

Consumer spending thrived despite macroeconomic uncertainties. Moreover, moderating inflation could boost spending further. Therefore, quality consumer stock Ennis (EBF) could be a solid buy in 2023. However, the fundamentally weak stock Peloton Interactive (PTON) could be avoided now. Read on….

Rejoiced by the optimism flowing in the market, the stock market has rallied recently. However, market experts expect the sizzling rally to end, as recession risks have only been postponed. Given this backdrop, investors should stay away from fundamentally weak stocks Uber Technologies (UBER), Snap Inc. (SNAP), and Peloton Interactive…

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…