GPRO - 1 Growth Stock Down 94% to Buy Now and Hold for the Next Decade
It takes resolve to buy a stock that has lost 94% of its value, especially in the case of GoPro (NASDAQ: GPRO) . Its decline began way back in 2014, after it hit its all-time high of $93.85.
But there's a unique comeback story emerging.
GoPro is shaking up its sales channels for its market-leading action cameras, while also focusing on new, subscription-based revenue streams. The result so far has been consistent profitability, which is gradually reducing the risk of owning GoPro stock and paving the way for future upside.
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1 Growth Stock Down 94% to Buy Now and Hold for the Next Decade