GoPro Is Still Worth Keeping in Your Lens as It Develops Media Side
Shares of GoPro are falling about 11% in Friday trading after the company reported better-than-expected profit and sales for the fourth-quarter but issued a disappointing forecast for the current quarter.
Shares of GoPro are falling about 11% in Friday trading after the company reported better-than-expected profit and sales for the fourth-quarter but issued a disappointing forecast for the current quarter. Angelo Zino, senior industry analyst at S&P Capital IQ, calls the fourth-quarter results 'phenomenal' on both the top and bottom-line. After a great year for the company in 2014, Zino says the outlook for the company in 2015 still remains very healthy, despite GoPro's sales forecast for the first quarter, which came in a little light. Zino recommends investors stay on the sidelines now, but reveals what factors he needs to see in order to become more bullish on the stock.









