Stock Market Slump: Should You Really Buy Roku Stock?
Few stocks have suffered more in the bear market than Roku (NASDAQ: ROKU). After peaking at $490 per share in July 2021, it has lost about 85% of its value. For those who bought this stock near the peak, it may take years to recover such losses.
But despite Roku's faults, investors may have good reason to start liking the stock again. Although investors should stay aware of its challenges, they should also consider the secular trends that could bolster the streaming service stock in the long term.
Admittedly, Roku's business climate and performance appear discouraging. The challenges occurred at a time when supply chain constraints made it harder to bring its streaming players and Roku-equipped smart TVs to market.
Source Fool.com
