The streaming enabler faced headwinds in 2022 that will persist into 2023.
Roku (ROKU 1.58%) is gaining millions of new customers, but losses on the bottom line are mounting. Amid this backdrop, I will determine if Roku stock is a buy.
*Stock prices used were the afternoon prices of Jan. 8, 2023. The video was published on Jan. 10, 2023.
Parkev Tatevosian, CFA 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 fool.com/parkev, 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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