Peloton's Shocking Partnership with Costco Explained

Peloton bikes will be available at Costco this holiday season. But why?Peloton's (PTON) stock has been on fire recently, in part because the company is focused on a strategy that works. It needs to sell high-end bikes to consumers and make money on their subscriptions. A recent deal with Costco (COST), of all retailers, could fuel the company's growth. In this video, Travis Hoium shows how this could be a win-win deal over the long term.*Stock prices used were end-of-day prices of Oct. 22, 2024. The video w ...