Where Will Roku Be in 1 Year?
Is Roku's bearish valuation missing the bigger picture? Check out how this undervalued streaming stock could be poised for a comeback.
The future is always in flux. No one saw the COVID-19 pandemic coming. Razor-thin election wins can make a huge difference to politics and economics. Consumer tastes can shift much faster (or slower!) than anticipated. And nobody expects the Spanish Inquisition.
So it's not easy to set realistic long-term targets. Surprising events can come along and spoil the best-laid plans. But I wouldn't be much of an investor if I didn't have some sense of what's coming next. The timelines may be off and the precise business events will vary. Still, it's reasonable to set up directional expectations and roll with the punches.
Let's look at one of my favorite stocks to buy in this market. What should you expect from Roku (NASDAQ: ROKU) over the next year? Here's what I see in the media-streaming technology expert's road ahead.
