10 Best Low Priced Stocks to Invest in Now

7. Peloton Interactive, Inc. (NASDAQ:PTON)

Number of Hedge Fund Investors: 35

Stock Price as of December 24: $9.36

Peloton Interactive, Inc. (NASDAQ:PTON) is a leading connected fitness company known for its premium exercise equipment, including stationary bikes and treadmills, and subscription-based digital fitness content. The company’s clients range from fitness enthusiasts to professional athletes who value convenience and immersive workout experiences. Peloton Interactive, Inc.’s (NASDAQ:PTON) flagship products include the Peloton Bike, Bike+, Tread, and various fitness accessories.

Peloton Interactive, Inc. (NASDAQ:PTON) is investing in marketing, product, and content innovation to drive long-term growth. The company is focusing on improving customer acquisition costs (CAC) and lifetime value by enhancing customer engagement through personalized plans and social features. Recent software updates, such as personalized workout plans and private teams, are designed to drive higher engagement and retention. Peloton Interactive, Inc. (NASDAQ:PTON) is also testing new app offerings, such as Strength+, and game-inspired fitness experiences to keep the content fresh and engaging. These innovations are crucial for attracting new audiences and retaining existing members.

Peloton Interactive, Inc. (NASDAQ:PTON) is exploring strategic partnerships and new market opportunities to expand its reach and enhance its offerings. The company is also testing new hardware and software features, such as the used equipment activation fee, to increase the lifetime value of customers who join through the secondary market.