Reported 1 day ago
Roku's stock is down 28% year-to-date, despite strong sales growth, improving profit margins, and a promising outlook for online advertising recovery. The company is experiencing a resurgence in business after the inflation concerns of 2022 and is expected to benefit from increased advertising spending and better consumer spending during the holiday season. Analysts believe Roku is undervalued and present a potential buying opportunity for long-term investors.
Source: YAHOO