Can This Top Cathie Wood Stock Hit $125 in 2024?
Last year was a great one for (NASDAQ: ROKU) shareholders, as the stock soared 125% in 2023. But that gain doesn't take away from the fact that the stock is still 82% below its all-time high (as of Jan. 15).
The beaten-down price has prompted Cathie Wood to add to her position in the streaming stock in the new year. It's currently the third largest holding in her firm's flagship Ark Innovation ETF. She must see some strong returns on the horizon.
Can this top Cathie Wood stock reach $125 per share in 2024? Here's what investors should be thinking about.
Source Fool.com
Roku Stock
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 75.17% for Roku compared to the current price of 53.09 €.