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Jim Cramer Says GoPro is an EcoSystem and the Stock has Room to Run

Jim Cramer
10/31/14 12:55 PM EDT
Jim Cramer says GoPro, the maker of wearable video cameras, will be the ultimate holiday gift. But be careful, he warns, because before the holiday 10 million shares come off lock up and that's going to keep the bears staying bearish. Cramer says what he likes about the company is that it's an ecosystem. He says if you're short it, you should buy the ecosystem and realize why people are buying it and it's on allocation at many stores. Cramer admits it was a great quarter for the company. However, he says, it is one expensive stock. Shares of GoPro soared on Friday after the company raised its predictions for fourth quarter profit. -- Get Cramer's top stocks with Action Alerts PLUS Trade with him FREE for 14-days.
Stocks in this video: GPRO

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