Is Roku Stock a Buy?
A stock's long-term journey is never a straight line higher or lower. There are bound to be jumps and dips in the road along the way. Streaming platform Roku (NASDAQ: ROKU) is hitting some bumps, down 35% from its all-time high after being one of the darlings of the stock market in 2020.
Some short-term noise and concerns have recently emerged, and investors are souring on the stock. Let's look deeper into this situation and determine whether Roku's dip is an opportunity to buy or a sign of things to come.
Roku was trading at its all-time high as recently as late July, but several events sparked the ensuing sell-off.
Source Fool.com
