4 Must-See Metrics Behind Roku's Soaring Stock Price
Shares of leading streaming-TV platform provider Roku (NASDAQ: ROKU) have been soaring recently. The stock is up more than 70% over the past 12 months and has climbed 24% in the last 30 days alone.
Roku offers investors a unique way to buy an asset benefiting from increased connected TV viewership amid coronavirus-related lockdowns and growing advertiser spend as marketers ramp up spending after a brutal hit to economic activity earlier this year. More importantly, however, Roku bulls are buying into a rapidly growing business and a massive market opportunity.
Here's a closer look at some of the metrics that have investors so excited about this growth stock.
Source Fool.com