It's been a roller-coaster ride for (NASDAQ: ROKU) shareholders in the past few years. The stock skyrocketed thanks to remarkable growth during the pandemic, only to come crashing down due to a notable slowdown.

As of this writing, shares of the streaming platform are down 81% from their peak price, which was set in July 2021. But there are reasons to be optimistic about the business, particularly if you can focus on the important factors.

With that being said, here's why Roku is a growth stock you should buy right now.

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Source Fool.com