Roku’s stock is up 73% over three years, matching the S&P 500 despite volatility. It doesn’t compete with Netflix or Disney, but serves as a platform for all streaming services. The company’s stock price dropped but business grew, with revenues up 45% and active accounts increasing by over 60%. Roku benefits from all streaming services’ marketing efforts.
Roku’s stock journey tested patience but offers a buying opportunity as a category leader at a discount. The company solidified its position as the Switzerland of streaming, profiting from all services. Patient investors are seeing huge gains from buying during the crash. Roku has high growth potential with a global expansion push.
Consider investing $1,000 in Roku after the Motley Fool’s analyst team identified it as a top stock. Roku wasn’t on the list, but the recommended stocks have the potential for significant returns. Stock Advisor’s total average return is 1,004%, outperforming the S&P 500. Don’t miss out on the latest top 10 list from Stock Advisor.
Read more at Nasdaq: How Good Has Roku Stock Actually Been?
