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1 Stock I Wouldn't Touch With a 10-Foot Pole -- And Here's Why [Yahoo! Finance]
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US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml%3fc%3d97664%26p%3dirol-irhome
The time when the name Peloton inspired envy among consumers because of waiting lists for its connected exercise bikes is long over. And its current business model probably isn't worth buying into. Here's why. I never understood the Peloton hype I don't go to the gym, preferring to work out in private at home. I've owned more than my fair share of exercise equipment over the years, including a treadmill and a rowing machine. So I'm no stranger to exercise gear, and I'm willing to spend money on gear when I think I need it. "Think" is the operative word there, because I no longer own a treadmill or a rowing machine. They were fun and arguably helpful for a little while, but then turned into very expensive coat racks. Which is why, during the height of the pandemic, I was leery of the Peloton story. People unable to go to a gym were lining up to buy its stationary bikes and other equipment as an at-home alternative. Exercise equipment is loads of fun when you first buy it, b
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