From Nasdaq: 2025-01-04 09:30:00

The S&P 500 had a strong year, showcasing the benefits of investing in index-based ETFs. While Roku (NASDAQ: ROKU) didn’t fare as well in 2024, there are reasons to believe it could double in 2025. Market sentiment on Roku was negative due to various factors, but the company’s leading position in the streaming platform industry and improving financials could turn things around.

Roku’s focus on international expansion could be a catalyst for growth, along with a rebounding ad industry. With positive sales forecasts and potential for increased profitability, Roku stock has the potential to double in the next year. Despite a lackluster 2024, the company’s long-term prospects look promising.



Read more at Nasdaq: Prediction: Roku Stock Will Double This Year