Down 91% Since 2021, Roku Stock Is Now a Buy

Once a pandemic darling, television streaming platform Roku (ROKU 1.83%) is showing signs of investable value after a multi-year stock boom and bust. Like many other companies that benefited from the stay-at-home policies of the COVID-19 response, Roku stock rose parabolically beginning in mid-2020. Roku's rise coincided with high profile investor Cathie Wood's Ark Invest vehicles making multiple purchases of its shares. Of course, one year's bull market often turns into the next year's bear market, and sha ...