Forget Amazon, Roku Is a Better Growth Stock
There are few stocks that have been as successful as Amazon (NASDAQ: AMZN). Over the years, the e-commerce giant has expanded into countless new businesses, growing its brand ecosystem and making it one of the top-performing stocks in the S&P 500 for over a decade. Even with the uncertainty surrounding the COVID-19 outbreak, the stock has still managed to hold its own.
However, there is one high-growth technology company that could have what it takes to outperform the e-commerce giant in the next decade. Roku (NASDAQ: ROKU) has already been a massive wealth creator for early investors.
The stock went public in Sept. 2017 at a price of $14 per share, and it touched a record high of $176.55 in Aug. 2019. Shares have since fallen about 40% due to concerns over the pandemic and the stock's high valuation.
Source Fool.com
