Anyone watching the GPRO ignite? I think this time it’s different after the 5th huge earnings beat in a row. Revenues are growing at 30% this year and earnings are up 1000% with a PE of maybe 12 for the year. This is the most profitable year for GPRO since the IPO and its rise to around 100. They figured it out this time and analysts agree removing the underweight rating had on it for years. Margins are rising and in the 40% now. Man GPRO reminds me of Apple when left for dead. Anyone else remember how much Apple was hated on in the 1990s?
Submitted November 13, 2021 at 07:46AM by JamesHolden1975 https://ift.tt/3nbRdNd
