The bear market has ravaged technology stocks over the past year, as investors have flown to safety to ride out the economic storm. This has been further exacerbated by 40-year-high inflation, rising interest rates, and questions about how long the downturn will persist. As a result, the Nasdaq Composite has taken it on the chin, crumbling 30% over the past year.

As painful as this period is, this dark cloud has a silver lining: Even as paper losses mount, the ongoing sell-off has resulted in some remarkable opportunities for investors. Perhaps one of the best examples of this is Roku (NASDAQ: ROKU). The company, which boasts the world's most widely used streaming platform, has seen its stock price decline 77%, despite a strong history of growth and an industry-leading position.

Can Roku overcome the gale-force economic headwinds that have buffeted its stock in 2022? Let's take a step back and look at the big picture.

Continue reading

Source Fool.com