This Growth Stock Might Just Beat the Bears
With the S&P 500 facing major headwinds, growth companies are now feeling the bear market. Still, the lockdown days of the pandemic show just how high certain companies and their share prices can climb.
Consider Roku (NASDAQ: ROKU), which dominates the North American smart TV market. The company attained strong profitability and a soaring share price during 2020 and 2021, only to see its earnings and stock come back down to Earth.
But signs point to better times ahead as consumers rein in discretionary spending and look for cost-friendly alternatives -- and as the company also looks to expand further worldwide. Let's see why now might be the time to consider Roku shares.
Source Fool.com
