November has typically been a good month for investors if history is any indication. This is particularly true for tech investors, with Nasdaq smashing past the 16,000 points psychological barrier on 5th November which was attributed to stellar jobs data. We are just halfway through the month and many analysts believe that the stock market is poised to gain more steam in the next few weeks.

Peloton (NASDAQ: PTON)

Despite the positive market sentiment, I have not been purchasing any stocks in November other than picking up shares of Peloton. Despite the pessimism surrounding the prospects of Peloton, I remain optimistic about the future of the connected fitness company. While it recently reported an operating loss as a consequence of poor marketing strategy, its subscriber base still continued to grow albeit at a slower pace. If management can execute well in the subsequent quarters, given enough time, I believe

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