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Here's One Beaten-Down Stock to Avoid Even As the Bull Market Soars
PTONPeloton(PTON) The Motley Fool·2024-02-23 11:27

In the aftermath of the 2022 bear market, many stocks are trading at significant discounts to their previous highs. This is mostly due to market sentiment changing for some companies as business fundamentals were previously detached from the stock performance. For others, however, the fall from grace has been warranted due to challenges with the business.Unfortunately, at-home fitness company Peloton (PTON -0.23%) falls into the latter category. While it's true that some of its recent stock performance is d ...