Nike and Peloton are buys at these 'absurdly attractive' levels, Bernstein says

Shoppers wait in line to enter stores as Black Friday sales begin at The Outlet Shoppes of the Bluegrass in Simpsonville, Kentucky, November 26, 2021.
Jon Cherry | Reuters

Supply chain disruptions around the world have created huge buying opportunities in companies such as Nike and Peloton, according to AllianceBernstein.