Why Fitbit Stock Is a Buy Despite Slipping Market Share

Fitbit stock fell 21.5% last quarter thanks to China's slowing economy and tech sector volatility. Analysts think FIT will fall lower in 2016 due to one firm's newly released wearable tech device. But there's one reason why Fitbit stock is still a strong investment despite the market's competition... Tags: fit stock , FIT stock price , fitbit (nyse: fit) , fitbit (nyse: fit) stock , fitbit (nyse: fit) stock price , fitbit stock , fitbit stock price , fitbit stock price 2016 , fitbit stock price today To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2016 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Why Fitbit Stock Is a Buy Despite Slipping Market Share appeared first on Money Morning - We Make Investing Profitable .