Down 84%, Should You Buy Roku While It's Below $90?

Despite second- and third-quarter financial results that weren't immediately well-received by the investment community, Roku (NASDAQ: ROKU) shares have been on the way up in recent months, rising 52% since early August. That gain is better than the broader market indices.However, as of Dec. 18, this growth stock was still trading 84% off its all-time high, a record that was set in July 2021. Does the dip mean you should buy Roku while it's below $90 per share, a level the shares were last at in February?Roku offers a smart-TV operating system that allows viewers to aggregate all of their various streaming services into a single user interface. The company has been doing this since 2008. Its lead in this industry has resulted in top market share in the U.S., as well as in Canada and Mexico.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool