5 Struggling Stocks to Buy at a Discount
Some of the most incredible investing opportunities come from the divergence between a stock's declining share price and its improving operations. Five companies highlighting this divergence today are Roku (NASDAQ: ROKU), DigitalOcean (NYSE: DOCN), Olaplex (NASDAQ: OLPX), Shopify (NYSE: SHOP), and The Trade Desk (NASDAQ: TTD). Despite their struggles year to date, here's what makes these discounted stocks so promising.
Down 73% so far in 2022, it almost looks like the market is valuing connected TV (CTV) wizard Roku solely for its unprofitable streaming players.
These streaming devices, however, are more of a means to an end for Roku, as they put the company's platform of content in front of over 65 million active accounts as of the third quarter of 2022.
Source Fool.com
