2024-02-16 09:27:00 ET
Earlier this week , I called Roku 's (NASDAQ: ROKU) fourth-quarter report a "potentially game-changing business update." I also highlighted the company's impressive growth prospects as a leading provider of viewing platforms for digital media streams. Picking up Roku shares this week would deliver rich rewards over the next three years and beyond, I suggested.
Well, the report is in and Roku suddenly looks even cheaper. The company appears to be humming on every cylinder, but market makers still slashed its stock price by 14% in Thursday's after-hours session.
I'll walk you through the report, including Roku's forward-looking guidance, so you can see for yourself how healthy the business looks. Feel free to do your own research , but don't be surprised to find this sudden price drop looking like a wide-open buying window .
For further details see:
Is Roku's Post-Earnings Dip Your Under-the-Radar Opportunity to Make Money in the Long Run?