10 Best Stocks to Buy Under $20

5. Peloton Interactive Inc. (NASDAQ:PTON)

Share Price as of October 1: $8.67

Number of Hedge Fund Holders: 53

Peloton Interactive Inc. (NASDAQ:PTON) is one of the best stocks to buy under $20. On October 1, Peloton announced the launch of the Peloton Pro Series, which is a new suite of commercial-ready equipment designed for vertical market fitness center environments such as hotels and resorts, multi-family residential buildings, corporate wellness centers, and country clubs.

This lineup marks the first offerings from Peloton’s newly formed Commercial Business Unit, which merges Peloton’s hardware, software, coaching, and community with the global reach and support of Precor. The refreshed product suite includes the Peloton Tread+ Pro, Peloton Bike+ Pro, and Peloton Row+ Pro.

These products feature thoughtful updates for enhanced durability, improved motors, a commercial limited warranty, and software tailored for commercial settings. A key innovation is the advanced swivel screen on each machine, designed to facilitate cross-training by allowing exercisers to seamlessly transition between cardio and other disciplines to help operators maximize space. The introduction of the Peloton Tread+ Pro marks Peloton’s first commercial treadmill, completing the full cardio suite for commercial customers.

Peloton Interactive Inc. (NASDAQ:PTON) provides fitness and wellness products and services in North America and internationally.