Is GoPro Finally a Buy?
How does the old saying go? You should expect it when you least expect it?
The cliche may well apply to GoPro (NASDAQ: GPRO) at its current market cap, and in its current state. The long-beleaguered action camera company has been forgotten by some and written off by others. But, now that few people are actually looking, there's a chance the stock actually offers more upside than downside.
Obviously a chance isn't the same as a guarantee. GoPro could still steer itself back into trouble. It must navigate the next year with perfection, and continue to build the community that ultimately induces new, replacement, and upgrade purchases of its cameras. There's enough of a glimmer of hope, however, to revisit this riches-to-rags story.
Source Fool.com
