Roku, Inc. (ROKU)
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- Motley Fool
Cathie Wood Is Buying These Top Growth Stocks – and Both Could Make You Richer Over Time
Cathie Wood manages several funds through her company Ark Invest that focus on innovative growth. While no company or investment analyst can promise comparable growth, investors hold tremendous potential for outsized gains with Roku (NASDAQ: ROKU) and Zoom Video Communications (NASDAQ: ZM). Roku currently makes up about 5.6% of Cathie Wood's combined portfolios, and it has become more troubled as of late.
- Motley Fool
Nasdaq Bear Market: 2 Top Growth Stocks Down 55% and 87% to Buy Before They Rebound
More than a year has passed since the Nasdaq Composite slipped into bear market territory, and the tech-heavy index is still 28% off its high. Warren Buffett said as much in 2018, telling CNBC, "The best chance to deploy capital is when things are going down." Roku (NASDAQ: ROKU) and Adyen (OTC: ADYE.Y) have seen their share prices fall 87% and 55%, respectively, during the drawdown, but both stocks look attractive at their current prices.
- Motley Fool
1 Growth Stock Down 87% to Buy Right Now
Consumers who were stuck at home turned to video entertainment, and Roku (NASDAQ: ROKU) was a huge beneficiary, as its stock soared 148% in 2020. There's no denying that Roku's operations faced a serious slowdown in 2022, with revenue rising 13% year over year, a big decline from 55% growth in 2021. Management cited the weaker macro environment, which not only reduced Roku's hardware sales, but also hurt the ad market.
