GoPro - The Most Undervalued Stock of 2019
GoPro ($GPRO) is by far one of the most undervalued and underappreciated stocks of 2019.
It reminds me of $AMD when it was trading around $3 dollars a few years ago and now it's reached $28 dollars.
Retail Domination GoPro is brand name that everyone has heard of, they have a very good product and great market placement especially in your local retailers. They dominate the US retail space with their presence.
Sales Trend They have increased year over year 20% in sales for Q1 2019. They are currently trading at 1x sales which is unheard of in today's market. They are starting to understand the product line better and are learning from their mistakes quickly.
Cutting Unnecessary Costs
GoPro has been dedicated at cutting out all costs that do not drive the bottom line.
Our Target Valuation is $21 dollars