I am a relatively new investor. Most of my money is in index funds, around 2.3k, but I have a Robinhood account worth $590. I decided to put $20 into BeachBody today at market open after researching it last night. It is ridiculously undervalued right now. It has a more versatile product than Peloton with nearly as many subscribers, yet it is valued at around 3 billion dollars compared to Pelotons 35-40 billion. I think BeachBody is a great longterm hold with ridiculous short term gains opportunity, as it yielded around 9% today. What do you guys think of this company?
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July 22, 2021 at 11:30AM