Published On: Sun, Nov 2nd, 2014

Jim Cramer: GoPro Can Go Higher

jim cramer

 

While the skeptics are against GoPro, CNBC’s Jim Cramer thinks the stock can go higher. The short sellers think its valuations are too high, but demand is so strong, that is a quality problem for the company. Cramer described the conference call as “joyous.” It has an ecosystems and can deliver. GoPro has strong gross margins and can easily make a profit. “I have used it, ” says Jim Cramer, “and I love it.”

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