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Thursday, January 15, 2015

Cody Willard, Chairman of Scutify, Shares Thoughts on GoPro (GPRO) IPO

A Look at the IPO Landscape for 2015 with Chairman of Scutify

Cody Willard, Chairman of Scutify, also Shares Thoughts on GoPro (GPRO) IPO

New York NY- Point Roberts, WA – January 15, 2014 – (www.investorideas.com newswire) Investorideas.com, a global news source covering leading sectors issues a recent Q&A interview with Mr. Cody Willard, Chairman of Scutify Financial Network, discussing the IPO market for 2015.

Q: Investorideas.com
We have seen a new trend in the past year or so that some of the tech IPO’s have surprised the market with listing NYSE versus the expected NASDAQ market; can you comment on that and what you are seeing and why?

A: Cody Willard, Chairman of Scutify
In a digital age, the NYSE and NASDAQ both operate in much the same way these days. MSFT and CSCO and the days of NASDAQ being the tech-centric exchange are over forever.

Q: Investorideas.com
In terms of GoPro (GPRO), do you think the product hype ran ahead of the company? Is that what you are seeing in the stock or something different?

A: Cody Willard, Chairman of Scutify
GoPro’s (GPRO) biggest problem is that it's basically a commodity camera vendor. Since it went public, I've too become concerned about the coming China-based competitors killing GoPro’ s margins and I think the markets are coming to terms with the fact that a low profit future as a possibility.

Q: Investorideas.com
In some of the hot IPO’s in the tech sector like GoPro, do you see a disconnect from the consumer to investors? Do you see this kind of IPO drawing in a much needed younger generation of investors?

A: Cody Willard, Chairman of Scutify
I don't think there's any "need" for the younger generation of investors to chase the stock market when it's at all-time highs and IPOs are always risky too. I tell young investors to invest in their own lives and careers and to slowly get started in stocks. If anything, with 0% interest rates in their savings and checking accounts, I think a lot of young investors have already been forced into the stock market. 

Q: Investorideas.com
What is in the pipeline for 2015 and what sectors are hot this year? Also are you seeing any surprises?  And in that light, are you seeing IPO’s in sectors being dropped?

A: Cody Willard, Chairman of Scutify
Wearables, drones and robotics are going to be hot in 2015. You'll see a few IPOs from each of those sectors. I'd also expect to see a few online IPOs in the online sector, as Etsy and Pinterest hit the public markets this year.


Bio: Cody is the Chairman of Scutify.com and publisher of TradingWithCody.com. He's been a TV Anchor on Fox Business and was the first and only Wall Street correspondent for the Jay Leno Tonight Show.


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 *Interview by D. Van Zant of Investorideas.com

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