1 Growth Stock Down 40% to Buy Right Now
Growth stocks are picking up steam again after tanking at the beginning of the bear market. Valuations are looking reasonable, or even cheap, considering the potential for many high-growth companies.
(NASDAQ: ROKU) stock plummeted along with other growth stocks last year, but it's slowly making its way back up. It's still down around 40% over the past year, but there are signs of a great business with robust long-term opportunities, and at this price, it looks like it's time to buy.
Roku is a streaming company, but it has a different core business than most streamers like Netflix or Walt Disney.
Source Fool.com
Roku Stock
€59.39
2.930%
Currently there is a rather positive sentiment for Roku with 48 Buy predictions and 7 Sell predictions.
With a target price of 75 € there is a positive potential of 26.28% for Roku compared to the current price of 59.39 €.
