1 Growth Stock Down 60% to Buy Right Now

Roblox (NYSE: RBLX) has emerged as a compelling stock market comeback story. After a period of sluggish performance, the gaming platform's growth has reaccelerated, achieving a record number of worldwide users. Still, even with the stock trading at a 52-week high at the time of this writing, shares remain 60% below their November 2021 peak.The good news is that there are plenty of reasons to expect the rally to continue into 2025 and beyond. Here's why.More than simply a video game, Roblox combines social interaction with user-created content and community development. The company features a unique business model that generates revenue through the "Robux" virtual currency, a marketplace for digital items, subscriptions, and even advertisements. Its ability to keep users engaged and spending regularly within the ecosystem is the growth driver. The latest operating results have been impressive.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool