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Is GoPro Stock a Buy Now?

TheMotleyFool

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Is GoPro Stock a Buy Now?: https://g.foolcdn.com/editorial/images/695008/two-cyclists-with-action-cameras-mounted-on-helmets-looking-at-each-other.jpg

Shares of GoPro (NASDAQ: GPRO) have been battered badly on the stock market this year amid the broader sell-off, but the action camera specialist has been showing signs of life of late.

GoPro has surged 20% in the last month on the back of a broader recovery in technology stocks. The stock has headed north despite the company's mixed second-quarter results that were released on Aug. 4. While GoPro's top and bottom lines exceeded expectations, the company's outlook turned out to be much worse than expected and points toward a slowdown in sales.

Does this mean that investors should stay away from GoPro stock? Let's find out.

Source Fool.com

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