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Peloton's Shocking Partnership with Costco Explained

Motley Fool - Thu Oct 24, 10:15AM CDT

Peloton's (NASDAQ: PTON) stock has been on fire recently, in part because the company is focused on a strategy that works. It needs to sell high-end bikes to consumers and make money on their subscriptions. A recent deal with Costco(NASDAQ: COST), of all retailers, could fuel the company's growth. In this video, Travis Hoium shows how this could be a win-win deal over the long term.

*Stock prices used were end-of-day prices of Oct. 22, 2024. The video was published on Oct. 23, 2024.

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Travis Hoium has positions in Peloton Interactive. The Motley Fool has positions in and recommends Costco Wholesale and Peloton Interactive. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.