GoPro Inc. (GPRO) stock surged 5.06% in intraday trading, outperforming the broader market. The action camera maker's shares gained traction as it received a positive mention in an industry report, highlighting its potential in the Audio Video Production space.

According to a recent analysis, GoPro was listed as one of the better-ranked stocks in its sector, sporting a Zacks Rank #1 (Strong Buy). This favorable rating suggests that analysts are optimistic about the company's near-term prospects. The report also noted that GoPro has consistently beaten earnings estimates in recent quarters, with an average surprise of 33.67% over the trailing four quarters.

While the stock's performance has been challenging over the past six months, today's surge indicates that investors are showing renewed interest in GoPro. The company's ability to consistently surpass earnings expectations, coupled with its strong buy rating, appears to be instilling confidence in the market. As the Audio Video Production industry continues to evolve, GoPro's position as a leading action camera manufacturer could present growth opportunities in the coming months.