From its initial public offering in September 2017 to its all-time high in July 2021, (NASDAQ: ROKU) stock skyrocketed more than 20-fold, a ridiculous return in less than four years. But like many growth-tech stocks that surged throughout the pandemic, it hasn't been a fun ride over the past couple of years. As of this writing, the stock is down 87% since that peak price. 

Shares have bounced back nicely so far this year. This momentum, coupled with a still-low valuation, could be enticing for some investors. To help you make a more informed decision, here are three things about Roku that the smartest investors know.  

Most investors are likely familiar with companies like Netflix or Walt Disney -- popular content providers that offer direct-to-consumer memberships over the internet. Roku is a bit different from these streaming giants, though. 

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Source Fool.com