Despite the massive pullback it experienced last year, streaming specialist Roku (NASDAQ: ROKU) has comfortably beaten the market since its late 2017 IPO. At the same time, there are still opportunities for grabs in the streaming market, so Roku could still have a runway for growth. An investment of $10,000 would turn into $200,000 -- or a meaningful 20% of the desired total -- in 20 years if it can record a compound annual growth rate (CAGR) of 16.2% through the period. Read More...
Despite the massive pullback it experienced last year, streaming specialist Roku (NASDAQ: ROKU) has comfortably beaten the market since its late 2017 IPO. At the same time, there are still opportunities for grabs in the streaming market, so Roku could still have a runway for growth. An investment of $10,000 would turn into $200,000 — or a meaningful 20% of the desired total — in 20 years if it can record a compound annual growth rate (CAGR) of 16.2% through the period.
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