1 Super Growth Stock Down 83% to Buy Hand Over Fist for 2024 (and Beyond)
The past couple of years have been a roller coaster ride for investors. On the heels of a stunning downturn, the stock market staged a remarkable comeback. After falling 35% in 2022, the Nasdaq Composite rallied, gaining 43% in 2023. Technology stocks, which were among the hardest hit, were some of last year's biggest winners.
In spite of the remarkable market rebound, many stocks are well off their highs reached before last year's bear market. (NASDAQ: ROKU) is a prime example. While the stock soared 125% last year, it's still down 83% from its mid-2021 high.
There's a growing body of evidence that suggests there's much more to come for the streaming pioneer. Furthermore, Roku represents a compelling opportunity for investors looking for a bargain.
Source Fool.com
Roku Stock
Currently there is a rather positive sentiment for Roku with 33 Buy predictions and 6 Sell predictions.
With a target price of 93 € there is a hugely positive potential of 52.48% for Roku compared to the current price of 60.99 €.
