This Gym Equipment Maker is a Major Winner of the At-Home Fitness Boom

It’s been a crazy year full of growth for the at-home fitness industry.

With 2020’s lockdowns, restrictions, and other social-distancing measures, many consumers avoided exercising at gyms.

Instead, they turned to home workout routines and products that enabled them to reach all their goals from the comfort of their living rooms. 

This stands true even today…

As the global situation improves, and economic activity crawls its way back to “normal,” fitness enthusiasts are still choosing to workout from home. 

This means that what many thought would be a short-term trend, could actually be a long-term tailwind for companies in the space.

This is especially true considering research aggregator ReportLinker shows that the home gym equipment market is forecasted to see a compound annual growth rate of 9% between now and 2025. 

And the virtual fitness industry may ultimately play a major part in the future of exercise as online personal trainers, e-fitness courses, and more grow increasingly popular. 

To help investors capitalize on this trend, I’m bringing you one of the best names in the market that’s continuing to see strong demand for its fitness products and services…

This One Fitness Stock Is Dominating the Market 

Peloton (NASDAQ: PTON) is an exercise equipment manufacturer best known for its exercise bikes.

These bikes cost about $1,900 (depending on the model) and are built with screens attached that enable users to subscribe to and attend a variety of digital fitness classes. 

finviz dynamic chart for  PTON

This product-development strategy has paid off in spades for the company…

In PTON’s most recent quarter, the exercise equipment manufacturer’s Connected Fitness Subscriptions skyrocketed by 137% year-over-year to more than 1.3 million.

Meanwhile, the company’s paid Digital Subscriptions surged by 382% to over 510,000…

While this growth has been incredible, the company is also continuing to make strategic moves to solidify its position for the future. 

Last week, PTON acquired another equipment manufacturer named Precor for $420 million.

As part of the acquisition, PTON is set to receive 625,000 square feet of manufacturing space.

In turn, this will bolster its current production capabilities and help the company speed up its overall process. 

And given PTON’s products and services are continuing to see massive demand, the deal, which is expected to close in early 2021, will likely be a long-term tailwind for the company moving forward. 

In fact, the company has already increased its revenue guidance forecast from around $3.5 billion to $3.65 billion to $3.9 billion.

PTON increased its earnings before interest, taxes, depreciation, and amortization as well to over $300 million compared to its prior outlook of $200 million to $275 million. 

Quiet Bull Market Erupting in One Tiny Sector

Sponsored

With most investors focused on big tech, a frenzy is quietly erupting in one tiny sector, with gains like 500% in two months and 104% in a single day.

$3 EV Play No One's Talking About

This company is a sneaky EV play that no one’s talking about. They’re producing an odd variation on the traditional EV that has consumers raving.

Enter your email address to receive this company’s name and ticker symbol for free.


Free Bonus E-Book: The Second Wave Why popular tech stocks could be in store for a 92% meltdown and the #1 investment billionaires are turning to now... from Morning Bullets. Privacy Policy

By submitting your email address, you give Stock Market Junkie permission to 1. deliver the report or research you're requesting to your email inbox, 2. send free ongoing updates via our independent financial email newsletter, and 3. share carefully selected marketing offers for product and services we think will interest you. Your privacy and security are paramount to us. You can unsubscribe at any time. To review our privacy policy, click here: Privacy Policy | How it Works

$30 Stock Freaking Out Billionaires

This stock is an industry leader in a robotics technology that is freaking out billionaires (trading for just $30).

Enter your email address to receive this company’s name and ticker symbol for free.


Free Bonus E-Book: The Second Wave Why popular tech stocks could be in store for a 92% meltdown and the #1 investment billionaires are turning to now... from Morning Bullets. Privacy Policy

By submitting your email address, you give Stock Market Junkie permission to 1. deliver the report or research you're requesting to your email inbox, 2. send free ongoing updates via our independent financial email newsletter, and 3. share carefully selected marketing offers for product and services we think will interest you. Your privacy and security are paramount to us. You can unsubscribe at any time. To review our privacy policy, click here: Privacy Policy | How it Works

The Best TaaS Stock Right Now

This company is set to corner the market in a self-driving technology that  could fundamentally change our entire society – much like the internet did.

Enter your email address to receive this company’s name and ticker symbol for free.


Free Bonus E-Book: The Second Wave Why popular tech stocks could be in store for a 92% meltdown and the #1 investment billionaires are turning to now... from Morning Bullets. Privacy Policy

By submitting your email address, you give Stock Market Junkie permission to 1. deliver the report or research you're requesting to your email inbox, 2. send free ongoing updates via our independent financial email newsletter, and 3. share carefully selected marketing offers for product and services we think will interest you. Your privacy and security are paramount to us. You can unsubscribe at any time. To review our privacy policy, click here: Privacy Policy | How it Works

Up to 20,000 IPOs All in One Day

A radical $2.1 quadrillion shift is coming to the financial markets.

Some are calling it G.T.E. and Mark Cuban, Elon Musk, Richard Branson, and even banks like J.P. Morgan are invested in the tech behind it.

Just $25 could get you in alongside these billionaires. 

Enter your email address to receive the video that reveals it all.


Free Bonus E-Book: The Second Wave Why popular tech stocks could be in store for a 92% meltdown and the #1 investment billionaires are turning to now... from Morning Bullets. Privacy Policy

By submitting your email address, you give Stock Market Junkie permission to 1. deliver the report or research you're requesting to your email inbox, 2. send free ongoing updates via our independent financial email newsletter, and 3. share carefully selected marketing offers for product and services we think will interest you. Your privacy and security are paramount to us. You can unsubscribe at any time. To review our privacy policy, click here: Privacy Policy | How it Works

$2 Biotech Stock

Steve Cohen, the billionaire stock picker known for running one of the most successful hedge funds ever, has poured millions into the first stock, and it’s trading for only $2.

Enter your email address to receive this company’s name and ticker symbol for free.


Free Bonus E-Book: The Second Wave Why popular tech stocks could be in store for a 92% meltdown and the #1 investment billionaires are turning to now... from Morning Bullets. Privacy Policy

By submitting your email address, you give Stock Market Junkie permission to 1. deliver the report or research you're requesting to your email inbox, 2. send free ongoing updates via our independent financial email newsletter, and 3. share carefully selected marketing offers for product and services we think will interest you. Your privacy and security are paramount to us. You can unsubscribe at any time. To review our privacy policy, click here: Privacy Policy | How it Works