Fool.com contributor Parkev Tatevosian describes why this growth stock, in particular, makes an excellent investment.

*Stock prices used were the afternoon prices of Jan. 9, 2024. The video was published on Jan. 11, 2024.

Should you invest $1,000 in Peloton Interactive right now?

Before you buy stock in Peloton Interactive, consider this:

The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Peloton Interactive wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.

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See the 10 stocks

*Stock Advisor returns as of January 8, 2024

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Peloton Interactive. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

1 Spectacular Growth Stock Down 96% to Buy Hand Over Fist in 2024 was originally published by The Motley Fool

Source: finance.yahoo.com