GoPro has recently teamed up with Google to bring 3D to Youtube. GoPro is an innovative company with no liabilities. GoPro showed a 41% increase in revenue to just over $1.3bn. Net Income more than doubled, giving GoPro in my opinion top tier status in managing their financial affairs.
On a technical note, we should have been long GoPro in March but with these kind financials, it is better late than never. I think there is a lot of value in GoPro and we should see shares continue to climb. $85 a share is what we are thinking.
On a technical note, we should have been long GoPro in March but with these kind financials, it is better late than never. I think there is a lot of value in GoPro and we should see shares continue to climb. $85 a share is what we are thinking.
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