Wednesday, September 07, 2022 3:34:54 PM
I am holding VLD as a base.
Part of the link below\
Roku Inc. (NASDAQ: ROKU) stock has struggled over the last year with shares down over 80%. Ark Invest, led by Cathie Wood, remains heavily invested in the streaming platform and hardware maker.
The stock could be a big winner by the year 2026, Wood says. Here’s a look at the thesis and what shares could be worth in four years.
What Happened: San Jose, California-based Roku will grow over the next four to five years due to gains in video advertising among streaming companies, according to Ark Invest's thesis.
The firm has a price target of $605 by 2026 with a bear case of $100 and bull case of $1,493.
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