GoPro, Inc. (GPRO)

[MarketWiz152]

Well yes, they are fairly niche with only the Hero cameras. If the company was sticking with the Hero and not moving into other new industries then I would agree with you. The drone industry is expected to be worth as much as $120 billion by 2020, VR is about the same (worth $120 to $150 billion by 2020). GoPro is going into both of these with one of the biggest brands in the world. Granted, the products are expensive and there will be cheaper alternatives to Karma and later products. But as we've seen most people are willing to pay the premium. Along with that, they do put out great products.