Forget the FIT Stock Bears; Here’s Why Fitbit Inc. Could Soar

Another concern might come from smartwatches. With smartwatches being developed and marketed by Apple, Motorola, Pebble, and Samsung, will Fitbit’s success be endangered? As it turns out, Fitbit has little to worry about. According to the IDC’s data, the average smartwatch costs slightly more than $400.00, while the average fitness tracker comes in at just $94.00.…