Roku: Attractively Priced Growth Stock

AugustineMac-
2023-06-08

I think the stock is up because we are at the trough of the advertising cycle and Netflix is proving the ad based business model is working. Netflix has had a massive rebound and streaming is getting more traction as budgets get squeezed from inflation. I think the sell off in Roku was overdone and if it doubled from here that would be a good start. Would not surprise me if Roku went to half its old high ($200-225) eventually as it recovers. Where Netflix goes Roku follows. $Roku Inc(ROKU)$

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Comments

  • WG1
    2023-06-26
    WG1
    Ok
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