GoPro ($GPRO): An ‘Epicenter’ Stock With Reasonably Priced Growth and Motivated Management

Breaking Bad, created by Vince Gilligan,  is considered one of the most successful and critically acclaimed shows in television history. While the show undoubtedly has an unorthodox and controversial subject matter, it is also an allegory for the challenges a business and its creators face from their enthusiastic, cumbersome, and chaotic start to the problems that accompany the growth and becoming more mature. A September 2013 Economist Article entitled The ‘Breaking Bad’ School cites several managerial travails explored in the show, “Mr. White’s subsequent career embraces both sides of entrepreneurial life: dramatic success and equally dramatic failure… but he then discovers that running a big business is rather different from launching a start-up.’

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Source: SeekingAlpha

While GoPro may currently be considered a joke to Wall Street (its precipitous decline half a decade ago was undoubtedly a bathtub moment), we think upon looking at the company and their fortuitous pivot as a result of COVID-19 that the joke will be on those who are short GPRO, while those who purchase GoPro are owning shares in a much leaner business that has hyper-improved operating leverage, a new and profitable SaaS/Hardware hybrid business model with much potential upside not accounte...

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