From its initial public offering in September 2017 to its all-time high in July 2021, (NASDAQ: ROKU) stock has skyrocketed nearly 2,000%. As was the case with many tech businesses, the pandemic also lifted this company to new heights.

But given more subdued investor interest, coupled with a growth slowdown, this streaming stock is currently 87% below its all-time high. It now trades at a historically cheap price-to-sales ratio of 2.6.

Besides that compelling valuation, here are three reasons to consider buying Roku like there's no tomorrow.

Continue reading

Source Fool.com