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3 Reasons to Buy Roku Stock Like There's No Tomorrow
ROKURoku(ROKU) The Motley Fool·2024-03-12 14:07

From its initial public offering in September 2017 to its all-time high in July 2021, Roku (ROKU -1.17%) stock has skyrocketed nearly 2,000%. As was the case with many tech businesses, the pandemic also lifted this company to new heights.But given more subdued investor interest, coupled with a growth slowdown, this streaming stock is currently 87% below its all-time high. It now trades at a historically cheap price-to-sales ratio of 2.6.Besides that compelling valuation, here are three reasons to consider b ...