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Barchart

Jim Van Meerten

Don’t Chase Roku Stock at New 3-Year Highs

Roku Barchart Trend Seeker United States

Roku (ROKU) leads U.S. TV streaming platforms, boasting over 60 million active accounts and strong ad-driven growth.
ROKU exhibits robust technical momentum, with a recent Trend Seeker “Buy” signal and a 60% gain over the past year.
Revenue and earnings are projected to grow sharply, but the high price-earnings ratio raises near-term valuation concerns.
Analyst sentiment is mixed, with price targets ranging widely from $50 to $197.

Today’s Featured Stock

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