I'm hoping to just grab an opinion, for background, I don't own Roku, but contemplating on it.
While it's true Roku is a growth stock and many are getting hit, it seems pretty difficult to justify, going from it's high of almost $500 to now around $125. Financially, they are making money, and exceeding their EPS, actually quite significantly. Only bearish argument I can think of is being a covid pandemic stock, but even then, people are still watching shows, which makes it difficult as mentioned to justify, such a price difference.
Does anyone who holds or contemplated or even simply researched Roku have a bullish or in this case bearish argument to explain what's happening? Would you say it's a buy?
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