3 Reasons to Buy Roblox Stock Like There's No Tomorrow
Shares of Roblox (NYSE: RBLX) have soared by 42% year to date and are currently trading at a three-year high as of this writing. The gaming platform is more popular than ever, leveraging its category leadership and global expansion into strong growth. Simply put, users are spending more time and money on its platform.With a path to more consistent profitability and an ongoing effort to diversify its revenue streams, Roblox should see its business continue to grow in the years ahead. Here are three reasons I believe the stock is a buy right now.Image source: Getty Images.Continue reading
Shares of Roblox (NYSE: RBLX) have soared by 42% year to date and are currently trading at a three-year high as of this writing. The gaming platform is more popular than ever, leveraging its category leadership and global expansion into strong growth. Simply put, users are spending more time and money on its platform.
With a path to more consistent profitability and an ongoing effort to diversify its revenue streams, Roblox should see its business continue to grow in the years ahead. Here are three reasons I believe the stock is a buy right now.
Image source: Getty Images.
