Sunday, January 29, 2017

Fitbit, FIT...low enough for a buy? Thinking growth stock

Price has essentially fallen since July of 2015, down 75%. Now at all time low at $7.21 per share...about at 16 PE, they made money last year, EPS of .75, I think there are at a fair value, and should see some support around here. I think my concern has been some less than stellar earnings and sales reports...and the concern for competition from as in Apple watch and Garmin. I'm thinking buying for long term growth...anybody with thoughts?



Submitted January 29, 2017 at 05:11PM by Atahualpas_Anus http://ift.tt/2kCRG8V

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