Roku (ROKU -2.52%) stock has been on a tear of late. As economic conditions have been looking better, the streaming company has benefited from more excitement and bullishness around growth stocks. Shares of Roku aren't quite at their 52-week high, but they rallied 60% in just the past three months. Can this rally continue, or could Roku stock be running out of steam?Why Roku could be due for a strong Q4 resultRoku will release its latest earnings numbers in February, and there are reasons to be optimistic t ...

Few stocks fell as far in the 2022 tech stock crash as Roku (ROKU 0.19%).From peak to trough, Roku stock fell more than 90% as stocks and industries that boomed during the pandemic crashed in the reopening. Streaming media was one of them. Streaming sign-ups at services such as Netflix (NFLX 1.50%) soared during the pandemic and then hit a wall in 2022, and Roku was a victim of that trend as well.The company's business is primarily driven by streaming growth and digital advertising, and both of those indust ...

Roku (ROKU) ended the recent trading session at $89, demonstrating a +0.19% swing from the preceding day's closing price. The stock outperformed the S&P 500, which registered a daily loss of 0.07%. Elsewhere, the Dow gained 0.16%, while the tech-heavy Nasdaq lost 0.36%.The the stock of video streaming company has fallen by 5.6% in the past month, lagging the Consumer Discretionary sector's gain of 1.63% and the S&P 500's gain of 3.05%.The investment community will be paying close attention to the earnings p ...

Streaming company Roku (ROKU -3.01%) is one of those growth stocks that ballooned up during the last bull market, partially deflated in 2022-2023, but hasn't come close to recovering from the fall, despite the S&P 500 cracking new all-time highs.Shares still trade down over 80% from their former peak, so it's been a painful few years if you bought the stock back then. However, the future might be as bright as ever for the company.There are three key reasons why this stock will outperform the broader stock m ...

Roku (ROKU 1.60%) is arguably one of the more frustrating stocks for investors. After reaching a high of over $490 per share in the 2021 bull market, nearly all of the stock's gains were wiped out in the subsequent bear market.Investors saw some recovery in 2023 as Roku's stock price more than doubled from the December 2022 low of $38.26 per share. But the stock still trades 83% below its all-time high at a time when other digital advertising-related tech stocks have shown more robust signs of recovery. Als ...

Netflix shook up the entertainment industry with its 2022 advertising launch, and the company just made it clear that the ad tier is rapidly being embraced.At an industry conference last week, Netflix's president of advertising, Amy Reinhard, shared that the company had signed up more than 23 million subscribers, up from the 15 million it reported two months earlier. At that rate, the company could add 30 million ad-tier subscribers this year. While that's a positive sign for Netflix, as it shows that it's ...

2023 was a breath a fresh air for many investors. Many beaten-down stocks started strong recoveries from the painful 2022 session, driven by secular trends such as the artificial intelligence (AI) bonanza and lower inflation rates. But some top-quality stocks didn't join the party at all while others got started but ended the year on a sour note.Looking ahead to a promising 2024 for the stock market, I see deep-discount value in some of my favorite tech stocks right now. They look like no-brainer investment ...

Last year was a great one for Roku (ROKU 3.58%) shareholders, as the stock soared 125% in 2023. But that gain doesn't take away from the fact that the stock is still 82% below its all-time high (as of Jan. 15).The beaten-down price has prompted Cathie Wood to add to her position in the streaming stock in the new year. It's currently the third largest holding in her firm's flagship Ark Innovation ETF. She must see some strong returns on the horizon.Can this top Cathie Wood stock reach $125 per share in 2024? ...

With 76 million active accounts that streamed nearly 27 billion hours of content in the third quarter last year, Roku (ROKU 3.58%) is the leading smart-TV operating system in the U.S., Canada, and Mexico. The business has and will continue to benefit from the ongoing cord-cutting trend.Although this streaming stock had a monster year in 2023, up 125%, it remains 82% below its peak price. Investors looking to add a beaten-down growth company to their portfolios are probably considering Roku right now.But bef ...

The past couple of years have been a roller coaster ride for investors. On the heels of a stunning downturn, the stock market staged a remarkable comeback. After falling 35% in 2022, the Nasdaq Composite rallied, gaining 43% in 2023. Technology stocks, which were among the hardest hit, were some of last year's biggest winners.In spite of the remarkable market rebound, many stocks are well off their highs reached before last year's bear market. Roku (ROKU 3.58%) is a prime example. While the stock soared 125 ...