Roku (NASDAQ: ROKU), a leading streaming platform business, saw its shares tank 82% last year amid general weakness in the equity markets and waning interest among investors for unprofitable enterprises. As of this writing, Roku's stock is trading at a price-to-sales multiple of 2.7, which is significantly below its historical average of 11.3 and not too far off the all-time low of 1.7. Here's why Roku is a super-cheap turnaround stock to consider buying right now. Read More...
Roku (NASDAQ: ROKU), a leading streaming platform business, saw its shares tank 82% last year amid general weakness in the equity markets and waning interest among investors for unprofitable enterprises. As of this writing, Roku’s stock is trading at a price-to-sales multiple of 2.7, which is significantly below its historical average of 11.3 and not too far off the all-time low of 1.7. Here’s why Roku is a super-cheap turnaround stock to consider buying right now.
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