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4 Reasons to Buy Roku Stock


Streaming giant Roku (NASDAQ: ROKU) is on fire. The company's shares delivered returns above 100% for a brief period not so long ago, although it has since given back some of these gains. Still, Roku has been almost unstoppable all year, which seemed unlikely nine months ago, given the headwinds it encountered in 2022.

Have investors missed the boat? The answer is a resounding no. In fact, there are still plenty of excellent reasons to buy the stock right now. Let's consider four of them.

ROKU Chart

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Source Fool.com

Roku Stock

€54.34
-0.090%
There is nearly no change for the Roku stock today. Compared to yesterday it only changed by -€0.050.
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 71.14% for Roku compared to the current price of 54.34 €.
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