3 Reasons to Buy Roku Stock Like There's No Tomorrow
The stock market has been in rare form since early last year. All the major market indexes have entered bull market territory, rising over 20% from their respective lows and reaching new all-time highs. However, not all stocks have participated equally. Take (NASDAQ: ROKU), for example. The streaming pioneer has gained roughly 59% since the beginning of last year but is still 86% off its peak.
Yet a review of the evidence suggests there are plenty of reasons to like Roku, despite its spectacular fall from grace. Let's look at three reasons investors should be buying Roku stock like there's no tomorrow.
Image source: Getty Images.
Source Fool.com
Roku Stock
€54.67
-2.180%
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 70.11% for Roku compared to the current price of 54.67 €.
