Roku Sees Profits Next Year. Is It Time to Buy?

There's no question that Roku (NASDAQ: ROKU) has been a disappointing stock to own in recent years.Over the last three years, the stock is down 45% even as the broad market has surged from artificial intelligence (AI)-driven tailwinds. That sell-off in Roku doesn't even include the bulk of the crash after the stock soared during the pandemic.Despite the stock's woes, there are evident strengths and competitive advantages in the business. It's the biggest streaming platform in the U.S., Mexico, and Canada, and the company continues to deliver steady growth, recently wrapping up a first quarter that included 16% revenue growth to $1.02 billion as streaming hours rose 17% to 35.8 billion, showing both consumption and revenue continuing to grow. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool