Scalper1 News
Retail, consumer goods and cyclical industry groups now occupy many of IBD’s top 20 group rankings amid a pickup in job growth and rising consumer confidence. The Consumer Products-Specialty group, led by wearable camera maker GoPro (GPRO), has risen to No. 3 out of 197, as of Friday’s IBD. That’s up from No. 52 six weeks ago. GoPro has soared since going public in June at 24. It’s now 74% past a 50 buy point of an IPO base, far out of buying Scalper1 News
Scalper1 News