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GoPro – Don’t Chase GPRO Stock Up the Mountain

Shares of action sports camera maker GoPro (GPRO) saw another great rally on Monday on the back of an analyst upgrade and new product offerings, and despite negative comments from Barron’s over the weekend.

While GoPro still has to prove that the projected growth rates are reasonable,  active investors and traders can find opportunities among the exuberance … but blindly chasing the stock higher would be a poor strategy.

Read my full analysis here: http://investorplace.com/2014/09/gopro-dont-chase-gpro-stock/#.VCrAUhaQ6So

 

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