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Is GoPro Stock a Buy Now?

TheMotleyFool

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GoPro (NASDAQ: GPRO) has been through its share of struggles since becoming a public company in 2014. The company failed to move into media, crashed in the drone market, and hasn't been able to turn 360-degree video cameras into a meaningful business.

Along the way, the company has had challenges with inventory, pricing, and of course the ever-improving cameras sitting in our pockets every day in smartphones. But GoPro seems to have found a niche it can win in and keeps incrementally improving its product, as we see with the HERO10 Black camera announced this week. But does that make it a decent stock to own for the long term?

Image source: GoPro.

Source Fool.com

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