Here's Why ROKU Stock is a Strong Buy Despite 8% Decline in a Year

Roku (ROKU) shares have lost 8% over the past year, underperforming the Zacks Consumer Discretionary sector’s appreciation of 11% and the Zacks Broadcast Radio and Television industry’s return of 50.4%.Roku shares have also underperformed industry peers like fuboTV (FUBO) , Fox (FOXA) and Gaia (GAIA) , which have returned 87.2%, 54.8% and 51.2%, respectively, over the same time frame.However, ROKU’s prospects are strong backed by its expanding footprint, rich partner base and innovative product portfolio. T ...