Business

Peloton still overvalued after massive sell-off

Duluth Holdings: “This is a good company and apparel is back. Duluth, I love using their stuff, but I have to tell you… there are a lot of other stocks in the apparel business like [Lululemon] that’s great. By chance I like, my favorite, American Eagle Outfitters, is working horribly. It looks like a disaster, however, I continue to believe it is the right stock to own. “

Medtronic: “I was really struggling. I thought Medtronic was underperforming, and we [Edwards Lifesciences] last week. I think even here you have to sell Medtronic and buy EW, that’s what I’m going to talk about [the CNBC Investing Club] because both [Director of Portfolio Analysis] Jeff Marks and I think EW is a great story. “

Paysafe: “Look, Paysafe for $3 [per share], stock stops at zero? What can I say?”

Peloton: “Peloton at $13 billion [market cap] still too high. I think it could be a $8.9 billion company at most. But [CEO] John Foley, you know you’re always welcome to join the show and give me the other side of the deal. “

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https://www.cnbc.com/2021/12/17/cramers-lightning-round-peloton-still-overvalued-after-major-sell-off.html Peloton still overvalued after massive sell-off

Emma James

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