2 Growth Stocks to Buy for the Long Run
We're just at the halfway point of 2023 and growth stocks have staged a surprising comeback after a woeful 2022. Investors are reacting to the economy's continued resilience even as the Federal Reserve has rapidly raised interest rates, and excitement over new artificial intelligence (AI) technologies has also lifted much of the tech sector.
No one knows what the second half of the year holds, but it does seem like the worst-case scenarios are off the table, and even if a recession hits, it could only be a mild one. That's good news for growth stocks. Keep reading to see two in particular that look set to deliver strong results ahead.
Shares of Roku (NASDAQ: ROKU) have taken it on the chin over the last couple of years as the pandemic winner overspent during the streaming boom, and saw its revenue growth grind to a halt as the digital ad market dried up.
Source Fool.com
Roku Stock
Currently there is a rather positive sentiment for Roku with 29 Buy predictions and 7 Sell predictions.
With a target price of 93 € there is a hugely positive potential of 71.37% for Roku compared to the current price of 54.27 €.
