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Roku's Stock Crash: Should You Buy Now?

TheMotleyFool

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Roku's Stock Crash: Should You Buy Now?: https://g.foolcdn.com/editorial/images/692918/person-looking-at-their-computer-with-their-hands-on-their-head.jpg

Concerns about declining ad spending have been front of mind for investors in the advertising space, which came to light on July 28 when Roku (NASDAQ: ROKU) reported its second-quarter earnings. The company got hammered by declining demand from consumers and advertisers, painting a bleak outlook for the rest of the year.

However, long-term investors have reason to be optimistic after this stock drop of 22%. The tailwinds pushing streaming and advertising on streaming channels are still in full swing, and Roku looks ready to capture that trend. Therefore, it might not be time to get rid of your Roku shares.

Image source: Getty Images.

Source Fool.com

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