Roku: A Bargain Hiding in Plain Sight

·5 min read
Roku: A Bargain Hiding in Plain Sight

Streaming platform Roku (NASDAQ: ROKU) has had a tough stretch, sliding more than 50% since hitting its 52-week high in July, and is being questioned by investors over several factors we will talk about below. Roku benefited from the pandemic as people watched more TV while staying indoors. This slowdown paints a narrative that Roku is a "pandemic stock" and that growth has peaked for the business.

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