This Could Be the Biggest Streaming Winner of the Stock Market Sell-Off
September isn't usually a fruitful month for the stock market based on historical averages. Unsurprisingly, the S&P 500, Dow Jones Industrial Average, and Nasdaq indexes are all down around 2% so far this month. But shrewd investors shouldn't worry and instead would benefit from looking for individual stocks that could be selling for attractive prices today.
Having lost 10% of its value in the first 20 days of September, Roku (NASDAQ: ROKU) is a booming business that should be on your radar. Crushing the market's return since going public four years ago, this stock is shaping up to be the biggest streaming winner. And the current sell-off gives you the chance to buy shares at a sizable discount of 56% from Roku's 52-week high.
Here's why I'm so optimistic about this streaming innovator.
Source Fool.com
