Why I Wouldn't Touch Roku Stock Right Now
Shares of streaming specialist (NASDAQ: ROKU) have had a tough run. Down about 10% year to date as of this writing, and down more than 70% over the past five years, the stock might look like a tempting turnaround play to bargain hunters.
This is especially true after the company's recent fourth-quarter report, which featured accelerating platform revenue and a welcome year-over-year swing to profitability. The business is undoubtedly gaining some notable traction.
But I'm not buying the stock here.
Source Fool.com
Roku Aktie
90,35 €
2,98 %
Und Roku steht derzeit mit 47 Buy-Einschätzungen und 1 Sell-Einschätzungen bei unserer Community gut im Kurs.
Ein Kursziel von 93 € für Roku impliziert ein leicht positives Wachstum gegenüber dem aktuellen Kurs von 90.35 €.
