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Is This Roku's Single Biggest Risk?
ROKURoku(ROKU) The Motley Fool·2024-01-21 14:15

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 ...