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Motley Fool Hidden Gems Investing

Peloton, PayPal, and Investing in Real Estate

Motley Fool Hidden Gems Investing

The Motley Fool

Business, Investing

4.33.1K Ratings

🗓️ 7 May 2021

⏱️ 39 minutes

🧾️ Download transcript

Summary

Peloton shares fall and its CEO apologizes for not recalling treadmills sooner. Activision Blizzard, Cloudflare, PayPal, and Square deliver stronger results than their stock movements indicate. Beyond Meat slips. Match Group connects. And Etsy tumbles. Motley Fool analysts Emily Flippen and Jason Moser discuss those stories and share a couple of stocks on their radar: Bill.com and Fiverr. Plus, Matt Argersinger, lead advisor of Millionacres, a Motley Fool investing service, shares why he believes the housing market will stay hot and what he’s watching in commercial real estate. Looking for more stocks for your radar? Get 50% off Stock Advisor by going to http://RadarStocks.fool.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Everybody needs money. That's why they call it money.

0:07.0

From full global headquarters, this is Motley Fool Money.

0:19.0

It's the Motley Fool Money Radio Show. I'm Chris Hill joining me this week.

0:22.0

Senior Analyst Jason Moser and Emily Flippin. Good to see you both.

0:26.0

Addy. Good to be here, Chris. We've got the latest headlines from Wall Street.

0:30.0

We'll talk real estate investing with our man Matt Argusinger.

0:33.0

And as always, we've got a couple of stocks on our radar.

0:36.0

But we begin with one of the darlings of the stay at home stocks.

0:40.0

And that's Peloton.

0:42.0

Third quarter revenue grew 141% for Peloton.

0:46.0

And that would be the headline if not for the fact that on Wednesday,

0:50.0

Peloton announced the recall of all of its treadmills after reports the devices have caused

0:55.0

dozens of injuries and one death.

0:58.0

CEO John Foley publicly apologized and said the company made a mistake in not reacting

1:04.0

more quickly to the Consumer Product Safety Commission's calls for action.

1:09.0

Emily, how bad is this right now for Peloton?

1:13.0

Well, it's bad enough to say, Chris, that are you sure you want to start with this story?

1:18.0

I mean, this is, we're wasting no time here.

1:21.0

This is probably the biggest news story of the week, one that lots of investors are losing a lot of money

1:27.0

over Peloton shares have lost nearly $5 billion in market value since the announcement of the tread plus and tread recalls.

1:36.0

And it's so true that if you had just looked at this quarter without hearing any of the news about the treads and the recalls,

1:44.0

it actually looked pretty good. They drove up connected fitness memberships by over 400,000 members.

...

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