The Simple Reason Why I Won't Buy Roku Inc.
Roku (NASDAQ: ROKU) went public on Sep. 28, its stock surging nearly 70% from its IPO price of $14 per share. The stock hit almost $30 the following day, but subsequently pulled back to the low $20s.
On the surface, Roku's numbers look solid. Its total revenue rose 25% to $399 million last year, and grew another 23% annually during the first half of 2017. It dominated the US streaming media player market during the first quarter of 2017 with 37% market share according to Parks Associates.
Image source: Roku.
Source: Fool.com
Apple Inc. Stock
€175.14
1.230%
Our community is currently high on Apple Inc. with 78 Buy predictions and 5 Sell predictions.
As a result the target price of 200 € shows a slightly positive potential of 14.19% compared to the current price of 175.14 € for Apple Inc..
