A beaten-down stock price alone is not enough to make this a good investment, but other factors work in Roku's favor.
Roku's (ROKU 0.15%) stock has fallen significantly as macroeconomic headwinds hit on all sides. In this video, I will consider whether the stock is a buy using my six-step framework for analysis. The answer might surprise you.
Stock prices used were the afternoon prices of Sept. 23, 2022. The video was published on Sept. 25, 2022.
Parkev Tatevosian has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Roku. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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