Roku Investors: A 2020 Survival Guide
Last year will be a hard act to follow for Roku (NASDAQ: ROKU) investors. Shares of the company behind the fast-growing streaming video platform soared 337% last year, making it one of last year's hottest large-cap stocks.
Roku stock is feeling pretty mortal so far in 2020. The shares are kicking off the new trading week with a nearly 3% year-to-date decline. Developments so far this month have been positive. Roku announced its entry into the Brazilian market last week, and before that it introduced the Roku TV Ready initiative that will make it even easier for third-party consumer electronics companies to play nice with the platform. The stock simply seems to be catching its breath after last year's monstrous sprint, but there will be bigger tests as 2020 plays out.
Image source: Roku.
Source Fool.com
