Gaia (GAIA) stock has nearly doubled in price this year, but the prospect of improved results is likely now fully priced into this streaming play. bymuratdeniz
Like CuriosityStream (CURI), which I recently wrote about, Gaia
Gaia: After Near-Doubling In Price, Don't Count On Another Breakout Anytime Soon
Summary
- Gaia stock has surged 91.5% YTD, but a move to higher prices may prove difficult for this top-performing streaming play.
- With the possibility of improved results priced-in as a near-certainty, shares appear fully valued at present price levels.
- Worse yet, if growth comes up short in the quarters ahead, this could lead to GAIA giving back much of its recent gains.
- With this in mind, existing shareholders may want to exit the position, and those on the sidelines may want to wait for a post-earnings pullback.
I am a value investor focused on opportunities in undervalued micro-cap and small-cap stocks, with a particular focus on stocks where shareholder activism is a potential catalyst.
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