A Cheat-Sheet Guide for Dealing With Roku Bears
I wrote about adding to one of my largest positions last week, and it left a few people scratching their heads. I stand by my decision to nibble on Roku (NASDAQ: ROKU) -- twice -- last week, but when I shared my reasoning on Twitter, some questioned the long-term potential of the streaming-video pioneer.
I didn't expect everyone to agree with my bullishness when it comes to Roku. The stock has shed roughly half of its value since peaking this summer. Here's a sampling of some of the knocks and concerns about Roku as a buying opportunity:
You don't post on the socials expecting uniform head nodding, and I naturally welcome all dissenting opinions. It is considering all angles that makes one a better investor. Let me tackle why I remain upbeat about Roku stock despite concerns about the future of streaming dongles, earnings-based valuations, and Roku negotiating in public with Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) YouTube.
Source Fool.com
