Forget Roku: These 2 Digital Entertainment Stocks Are Better Buys
(NASDAQ: ROKU) stock has taken investors on a wild ride over the past year, but lately the movement has been all positive. Shares jumped over 60% in the three months that ended in late January, beating a 17% gain in the wider market.
Wall Street is excited by the prospect that Roku will return to profitability in 2024 and that sales growth will keep accelerating thanks to rising advertising demand in the streaming TV space.
Yet you might be right to hesitate on Roku shares following its huge rally in the past year. The good news is there are other attractive options for investors looking at the digital entertainment space. Read on for some good reasons to buy video game developers Take-Two Interactive (NASDAQ: TTWO) and Electronic Arts (NASDAQ: EA) right now.
Source Fool.com
Roku Stock
Our community is currently high on Roku with 29 Buy predictions and 7 Sell predictions.
As a result the target price of 93 € shows a very positive potential of 70.99% compared to the current price of 54.39 € for Roku.