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"During the period 1999-2000, more than 350 companies came public that rapidly disappeared but not before they could populate the universe with endless amounts of stocks, both primaries and secondaries that investors simply could not absorb," wrote Cramer. Peloton got analyst notes from MKM Partners, SunTrust, Raymond James, Needham, Stifel, Oppenheimer, Evercore ISI, Canaccord, Barclays and UBS Monday morning. Stifel believes that Peloton has "a long runway in the U.S. and an international growth story waiting to happen." "More than 174 million people belong to gyms globally, and Peloton believes there is a significant opportunity to grow its business internationally.