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Is Roku Stock a Buy Now?

TheMotleyFool

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Is Roku Stock a Buy Now?: https://g.foolcdn.com/editorial/images/712278/watching-tv-streaming-relaxing-entertainment.jpg

Technology stocks have been hammered over the past year and Roku (NASDAQ: ROKU) is no exception. The video-streaming platform's stock is down 77% in 2022 and a recent pullback in digital advertising spending wreaked havoc on the company in the third quarter.

But I think calling the time of death for Roku's stock is a bit premature. There are still a few very good reasons to be bullish on this stock if investors are willing to take on a little risk.

Image source: Getty Images.

Source Fool.com

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