Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock char ...

Members of Catalyst Hedge Investing had early access to this article. They have exclusive access to many other articles every month as well as an active chat board with regular updates on ideas and a best ideas portfolio.Peloton (NASDAQ: PTON ) reported Q3 earnings on October 31st, which surprised the street (and me) to the upside. I have said for months now that the costs here were massively out of whack. The company made some progressHe leads the investing group Catalyst Hedge Investing , in which he shar ...

The high-profile hedge fund manager has no solution for the company's biggest problem right now.Shares of Peloton Interactive (PTON 3.59%) are undervalued, according to hedge fund manager David Einhorn. Speaking at a recent investor conference, the founder and chief of Greenlight Capital argued the fitness equipment maker's stock could be worth as much as $31.50 per share. That's about 330% higher than where the stock trades as of this writing.The catch? The struggling company needs to ... tweak a few of it ...

The connected fitness company's incoming CEO has an impressive resume that includes a seven-year stint at Apple.Peloton Interactive (PTON 3.59%) was a savior for fitness enthusiasts during the depths of the pandemic. When lockdowns and social distancing protocols were implemented in 2020 and 2021, demand soared for the company's connected exercise equipment and virtual fitness classes.However, Peloton's revenue has declined in each of its last three fiscal years as social conditions gradually returned to no ...

Key TakeawaysPeloton shares rose again Monday after a double rating upgrade from Bank of America Securities.The company's first-quarter results beat expectations last week, and the company named a new CEO.BofA believes the new leadership can achieve $100 million in efficiency savings over the next few years. Peloton Interactive (PTON) shares raced higher Monday after its strong first-quarter results drew a double upgrade from analysts at Bank of America Securities. The bank raised its rating to “Buy” from “ ...

About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...

Shares of Peloton Interactive Inc PTON have been climbing after the company smashed first-quarter sales estimates last week.The company can generate over $300 million in EBITDA this year and more than $400 million over the next few years, according to BofA Securities.Analyst Curtis Nagle upgraded the rating for Peloton Interactive from Underperform to Buy, while raising the price target from $3.75 to $9.00.The Peloton Interactive Thesis: The company reported its fiscal first-quarter EBITDA "much higher than ...

Key TakeawaysPeloton shares were down sharply Friday, giving back a chunk of the near-30% gain recorded yesterday after the fitness equipment maker announced a new CEO and reported better-than-expected results.The stock has trended higher after forming a double bottom, with the price staging a breakaway gap yesterday following the company’s upbeat earnings. However the relative strength index warns of extremely overbought conditionsInvestors should watch important resistance levels on Peloton's chart around ...

The first phase of the Find your push. Find your power. campaign features football player brothers T.J. and J.J. WattNEW YORK, Nov. 1, 2024 /PRNewswire/ -- Peloton (NASDAQ: PTON) today announced the launch of its new multi-phase creative campaign: Find your push. Find your power. The campaign acknowledges how motivation looks differently for everyone and celebrates Peloton's role in helping people find what pushes them to show up and reach their goals in fitness. In the first North America-based phase of Fi ...

Peloton reported earnings Thursday, but it was the new CEO that had the market excited.Peloton (PTON 27.82%) stock jumped as much as 34% in trading Thursday after the company reported earnings and named a new CEO. But is the move justified? In this video, Travis Hoium shows why some caution may be needed.*Stock prices used were end-of-day prices of Oct. 31, 2024. The video was published on Oct. 31, 2024. ...