ROKU stock has been on fire so far in 2019, recovering a whopping 160% from its December low of $27.50 USD. The stock recovery is no doubt linked to Roku’s (NASDAQ:ROKU) impressive user growth, growing advertising business, and strong earnings results.
Roku, a video streaming company, reported strong holiday-quarter numbers in January, boosting investor confidence. Moreover, positive notes from multiple analysts have further supported the stock.
Analyst at KeyBanc Issues Positive NoteThe video streaming platform will continue to thrive according to KeyBanc analyst Evan Wingren because Roku’s customer engagement and acquisition remain to ...
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