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20.06.2025 20:50:37
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The Smartest Growth Stock to Buy With $5,000 Right Now
It's been quite the week for Roku (NASDAQ: ROKU) and its shareholders. The country's leader in getting folks streaming from their TVs kicked off the fireworks by announcing a transformative deal with Amazon (NASDAQ: AMZN) on Monday. An analyst upgrade and a pair of other firms jacking up their price targets followed.The stock is up nearly 10% heading into the final trading day of the week. Roku is a name that has fallen off of many growth investing radars, but the shares are now up 55% over the past year. With its solid growth, continuing niche dominance, and projected return to profitability for the second half of this year, it's a name you should probably start paying attention to again.At its frenzied peak in 2021, a $5,000 investment could barely be exchanged for 10 shares. That same $5,000 today could have you walking away with 60 shares. This is the kind of math that can burn investors if they're buying a falling stock with dim prospects, but today's Roku is in much better shape than it was four years ago. Continue readingWeiter zum vollständigen Artikel bei MotleyFool