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Jim Cramer: GoPro (GPRO) Stock Is a 'Bargain at These Levels'

NEW YORK (TheStreet) -- Shares of GoPro (GPRO - Get Report) were gaining, up 4.12% to $64.22 in late morning trading on Thursday, after Jim Cramer explained why he thinks the company is "a bargain at these levels" on CNBC's Mad Money show Wednesday night.

TheStreet's Jim Cramer, Portfolio Manager of the Action Alerts PLUS Charitable Trust Portfolio said that although shares of GoPro seem ridiculously expensive at first glance, but actually make a lot of sense when you take a closer look at the numbers.

GoPro trades at 31 times next year's earnings...