Recent setbacks are creating an opportunity in ROKU
from Left Brain Thinking Hosted by Left Brain Wealth Management
Brian Dress, director of research at Left Brain Investment Research, says that Roku -- the firm's "stock of the year" for 2020 -- has seen its stock price struggle this year off a mixed earnings picture, but he says that the company's business model hasn't changed and the medium- to long-term prospects look good, even if the stock struggles in the near term. As a result -- an as opposed to stocks like Peloton and Zillow, where Dress says the investment thesis has changed -- Roku's concerns seem to be temporary, which is why Dress is holding onto the stock and considering adding it to portfolios that aren't exposed to it now. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit leftbrainwm.substack.com
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