Can This Beaten-Down Growth Stock Bounce Back?
Streaming platforms went through a rough patch a few years ago as a pandemic-related boom that led to soaring subscriptions came to an end. Some, like Netflix, have recovered since. Others, like Roku (NASDAQ: ROKU), are still struggling. The streaming specialist's shares are down by 70% over the past three years.
That's a massive drop, one that might prove to be a blessing in disguise for some investors. If Roku can stage a comeback and climb back to its all-time highs, those who buy its shares today will see outsize returns. Does Roku have what it takes?
Source Fool.com
Roku Stock
€136.34
0.320%
The stock is one of the favorites of our community with 48 Buy predictions and 1 Sell predictions.
However, we have a potential of -0.25% for Roku as the target price of 136 € is below the current price of 136.34 €.
