Roku: A Bargain Hiding in Plain Sight
Streaming platform Roku (NASDAQ: ROKU) has had a tough stretch, sliding more than 50% since hitting its 52-week high in July, and is being questioned by investors over several factors we will talk about below.
The uncertainty has made the stock become a bargain, allowing long-term investors to buy shares in this high-quality business with a chance at great returns moving forward.
Roku benefited from the pandemic as people watched more TV while staying indoors. The company had been growing, but operating metrics accelerated during the height of COVID and are now slowing down in recent quarters.
Source Fool.com
