3 Reasons Roku Stock Could Crush the Market for the Next Decade
Streaming company (NASDAQ: ROKU) is one of those growth stocks that ballooned up during the last bull market, partially deflated in 2022-2023, but hasn't come close to recovering from the fall, despite the S 500 cracking new all-time highs.
Shares still trade down over 80% from their former peak, so it's been a painful few years if you bought the stock back then. However, the future might be as bright as ever for the company.
There are three key reasons why this stock will outperform the broader stock market over the upcoming decade. It's a trifecta of good news that could launch the stock from its depressed prices.
Source Fool.com
Roku Stock
€52.89
-2.120%
Currently there is a rather positive sentiment for Roku with 27 Buy predictions and 7 Sell predictions.
With a target price of 93 € there is a hugely positive potential of 75.84% for Roku compared to the current price of 52.89 €.
