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PTON - Why Planet Fitness Stock Is a Better Investment Than Peloton Stock
Peloton Interactive Inc.
Like so many other industries, gyms across the nation were shut down due to COVID-19. Companies offering at-home fitness solutions -- like Peloton (NASDAQ: PTON) -- should continue to thrive in this environment thanks to featuring products that enable both fitness and social distancing.
When thinking longer term, however, Planet Fitness(NYSE: PLNT) -- a traditional brick-and-mortar gym chain -- is the best way to invest in the space. Here's why.