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5 Stocks Every Investor Knows Trading Under $10 That Have Huge 2023 Upside Potential

Peloton Interactive also provides connected fitness subscriptions for various household users and access to various live and on-demand classes. Its Peloton Digital app for connected fitness subscribers provides access to its classes. As of June 30, 2022, it had approximately 6.9 million members. The company markets and sells its interactive fitness products directly through its retail showrooms and online.

The company recently announced a partnership with Dick’s Sporting Goods to sell its exercise bikes through the retail giant. Peloton’s exercise hardware (minus its new rowing machine) will be available for sale at 100 Dick’s Sporting Goods locations in time for the holidays.

The Bank of America Securities target price of $16 is less than the $17.07 consensus target. Peloton Interactive stock closed on Friday at $9.39.

SoFi

This company took the SPAC route for its IPO and remains a millennial trader favorite. SoFi Technologies, Inc. (NASDAQ: SOFI) provides digital financial services that allow its members to borrow, save, spend, invest and protect their money. The company offers student loans; personal loans for debt consolidation and home improvement projects; and home loans.

SoFi also provides cash management, investment and other related services. In addition, it operates Galileo, a technology platform that offers services to financial and non-financial institutions, and Apex, a technology-enabled platform that provides investment custody and clearing brokerage services.

The $9 BofA Securities price target compares with an $8.13 consensus target for SoFi Technologies stock, as well as a closing share price of $5.18 on Friday.

Southwestern Energy

This stock has broken out and could be ready to run. Southwestern Energy Co. (NYSE: SWN) an independent energy company, engages in the exploration, development, and production of natural gas, oil, and natural gas liquids (NGLs) in the United States.

It operates through two segments, Exploration and Production, and Marketing. The company focuses on the development of unconventional natural gas and oil reservoirs located in Pennsylvania, West Virginia, Ohio, and Louisiana.

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