Wedbush Initiates on Peloton with Confidence

Will Peloton be a fitness fad or are they here to stay? Equity Research Analyst, James Hardiman appeared on CNBC’s Closing Bell to talk about what he thinks will make Peloton profitable. He believes that Peloton doesn’t have any serious competitors in the sector. And, that investors will be gravitate to Peloton’s fitness subscription services.