GoPro, Inc. (GPRO)

[Tom4investor2011]

* Over the next 12 month $20 PT.

GPRO has nothing to fear from the Clip, every major news outlet yesterday (10/06/17) had a headline along the lines of: "Google to make camera to compete with GoPro".

1st—The mere fact that everyone mentioned GPRO as the company GOOG was competing with, by default recognizes GPRO as the de-facto leader in the space.

2nd—reason is less obvious. The mere fact that GOOG is entering the camera space is testimony to the fact that the space is not shrinking as many think but increasing, and GOOG wants a piece.

Finally, I consider yesterday's correction of GPRO an opportunity, and my price target continues to be $20 over the next 12 months or so. —GEORGE K., SA*

FWIW—just sharing what I’ve came across.