1 Growth Stock Down 81% to Buy Right Now
In the ever-evolving and increasingly overlapping worlds of streaming media and digital advertising, (NASDAQ: ROKU) stands out as a beacon of innovation and resilience. Despite facing a struggling ad market, followed by an uneven recovery, the company has demonstrated a remarkable ability to navigate these choppy waters.
With the stock down a staggering 81% from its all-time highs in the summer of 2021, the time to act is now. Let me tell you why I see signs of true long-term greatness in Roku's improving ad business.
The deeply impaired ad market is getting back on its proverbial feet, thanks to a healthier global economy. Most of the inflation crises of 2022 are going away (with a few notable exceptions), and the big-spending ad buyers of yesteryear have marketing budgets to work with again.
Source Fool.com
Roku Stock
Currently there is a rather positive sentiment for Roku with 26 Buy predictions and 7 Sell predictions.
With a target price of 93 € there is a hugely positive potential of 67.9% for Roku compared to the current price of 55.39 €.
