Jim Cramer Recently Talked About These 15 Stocks

10. Peloton Interactive, Inc. (NASDAQ:PTON)

Number of Hedge Fund Holders: 52

Peloton Interactive, Inc. (NASDAQ:PTON) is one of the 15 stocks that Jim Cramer recently talked about. During the lightning round, a caller asked what Cramer thinks of Peloton Interactive, Inc. (NASDAQ:PTON), and he replied:

“Well, you know, it is a subscription business, and I like subscription businesses. I think that they work, but I don’t think they have the growth. So, therefore, I’m going to say if you want a subscription business, I want you to be in Spotify.”

Peloton Interactive, Inc. (NASDAQ:PTON) provides connected fitness equipment and a digital platform that combines hardware, software, and content as it provides interactive workout experiences through various sales channels. During an episode of Squawk on the Street aired in March, Cramer mentioned the stock while appreciating subscription businesses.

“The fitness trend is good. Remember the fatness trend is battling with the fitness trend. But I would say that Peloton, Spotify, Netflix, Costco, subscription businesses. Subscription businesses are king. And Peloton’s a subscription business. Well done… Peloton seems like it’s got churn down. And I like that. That was a very good call. I thought the call was very good. Remember, I’m totally in this camp which just says, younger people want to workout.”