Home Stock Where to buy Roku stock (NASDAQ:ROKU) following today’s surge

Where to buy Roku stock (NASDAQ:ROKU) following today’s surge


Roku shares prices are on the rise after declining for more than four months. The bear trend that has lasted since July 26, 2021, has finally come to an end and the Roku stock is once again on its upward trajectory.

Today’s upward surge of about 3% is a clear indication that the stock could rally further in the coming days as we head toward the end of the year.

Today’s upward surge could be the beginning of a long-term bull run as the stock struggles to reclaim its previous highs.

To help stock investors interested in investing in Roku stock, Invezz has created a brief article on what it is and where to buy it.

To find out more, please continue reading.

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What is Roku stock?

Roku stock is the stock of Roku Inc Company and it trades on the NASDAQ Stock Exchange under the symbol NASDAQ:ROKU.

Roku, Inc. is an American company that manufactures digital media players for video streaming, and also runs an advertising business. It launched its free, ad-supported streaming channel on its devices in October 2017.

Some of its legacy products include the likes of the BrightSign solid-state media player that is designed for driving HD displays in a retail environment. It also launched its first branded smart TV in early 2014.

Should I buy ROKU stock today?

If you want to buy a stock that has dipped in the last few months but has started rising once again, then the ROKU stock is a good choice.

ROKU stock price prediction

The ROKU stock price is expected to rise towards its previous high above $400 though the pace may be a bit slow as it rallies against time to reclaim its lost glory.

$ROKU social media coverage

A few growth names look like they need one more pop to finish their first impulsive wave up off significant lows.
Here’s $ROKU:
Up and out of the down channel first, then a higher low pullback is what I’m watching Wed-Thurs. pic.twitter.com/ZWylvPR3bK

— Wes Pike (@PikesPeakTrades) December 7, 2021

Macro will lead to some ups & downs, but here are the long-term trends of 2020s I’m watching:

Metaverse $FB $MTTR $RBLX $U
Digital Banking $SQ $UPST $AFRM
eComm $SE $SHOP
Crypto $COIN $ETH
AdTech $TTD
Cloud $NET $DOCN
Streaming $ROKU
Solar $ENPH
Cyber $CRWD

— Danny Baldus-Strauss (@BackpackerFI) December 7, 2021

The post Where to buy Roku stock (NASDAQ:ROKU) following today’s surge appeared first on Invezz.

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