GoPro

Discussion in 'Stocks' started by vikasd, Aug 18, 2017.

  1. vikasd

    vikasd

    This stock can more than double in the next few quarters. It is at the cusp of becoming profitable. Last quarter was a blowout with -0.09 EPS that was much better. It has upped its guidance.

    But the most important reason why gpro will explode is international sales and weaker dollar. Weaker dollar helps GoPro in places where this is a luxury brand among hipp and wannabes.

    What do you think?
     
  2. it's a tech company isn't it? they have spent a lot of money on cost which is a good sign that they are producing good quality products. Their PE ratio isn't too bad but it's been stable since 2016. Their debt to equity ratio is good since it's less than 0.5 while they spend over 50 M on research and development and it indicates that they are focusing on creating innovative products. Profit margin is over 30%. Very good stock.

    In addition, Directors also own common stocks. So there is less conflict of interest between management and shareholders

    Since I don't follow them so I don't know about their future growth prospect but it looks like a good company to make an investment since their are only 9 dollars per stock atm
     
  3. dealmaker

    dealmaker

    [​IMG]
    GoPro turns its first profit since 2017, thanks to the Hero 7
    [​IMG]
    A very strong holiday season for GoPro’s newest Hero 7 lineup of cameras has helped the camera maker turn its first quarterly profit since the third quarter of 2017, the company announced on Wednesday. GoPro pulled in $377 million in revenue in the fourth quarter of last year, and it walked away with a $32 million profit. (The Verge)