2 Top Stocks to Buy in May
It's getting easier to find great stocks at reasonable prices in May. The stock market as a whole continued to march higher over the last three months but the tech-heavy Nasdaq-100 index fell behind as many investors rotated out of growth stocks and into safer value tickers. The great companies below are trading far below their recent all-time highs, making them fantastic buys right now. Let's take a closer look at Roku (NASDAQ: ROKU) and Lemonade (NYSE: LMND).
Lots of bears expected Roku's growth engines to run out of rocket fuel as vaccinated consumers started to go back to their ordinary lifestyles. The fortunes of this media-streaming platform specialist would surely fade away under these circumstances, replaced by more traditional forms of entertainment such as live shows, movie theaters, and cruises. On the eve of last Thursday's earnings report, Roku's stock traded 42% below February's all-time highs.
Roku proved the critics wrong again.
Source Fool.com
