Roku Strikes Back Against The Sellers


  • Roku stock’s recent stunning performance, outpacing the S&P 500 since its January lows, left bearish investors reeling in disbelief.
  • Roku reported active accounts growth of 16.5% YoY, reaching 70M, as the company silences skeptics predicting a structural slowdown in growth.
  • As Linear TV continues its secular decline, Roku stands to reap the rewards of the accelerating shift to ad-supported VOD and FAST streaming.
  • Google’s battle against Microsoft in search advertising heats up, intensifying the competition for Roku as YouTube sharpens its competitive edge to capture market share in streaming.
  • Is it time to capitalize on the recent surge in ROKU buying before its upcoming earnings release?
Roku To Layoff 200 Employees As Tech Downsizing Continues

Justin Sullivan

Roku, Inc. (NASDAQ:ROKU) is preparing to report its FQ4’22 earnings release on February 15. It has also significantly outperformed the S&P 500 (SPX) (SPY) since our last update in December.

Accordingly, ROKU surged nearly 75% from its January lows toward its highs

Disclosure: I/we have a beneficial long position in the shares of ROKU, MSFT, GOOGL either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Are you looking to strategically enter the market and optimize gains?

Unlock the key to successful growth stock investments with our expert guidance on identifying lower-risk entry points and capitalizing on them for long-term profits. As a member, you’ll also gain access to exclusive resources including:

  • 24/7 access to our model portfolios

  • Daily Tactical Market Analysis to sharpen your market awareness and avoid the emotional rollercoaster

  • Access to all our top stocks and earnings ideas

  • Access to all our charts with specific entry points

  • Real-time chatroom support

  • Real-time buy/sell/hedge alerts

Sign up now for a Risk-Free 14-Day free trial!

Leave a Reply

Your email address will not be published. Required fields are marked *