Can Roku Stock Beat the S&P 500 Between Now and 2030?

Though the broader market has been having a strong year, it has been a different story for Roku (NASDAQ: ROKU). The streaming platform enterprise's shares are down thus far in 2024. But investor sentiment about the company has improved drastically in the past couple of months.Can this growth tech stock outperform the S&P 500 (SNPINDEX: ^GSPC) between now and 2030? Let's look at the bull and bear cases for Roku to figure out if shares can produce a better average annual return than 10%, which is about what the broader index has averaged historically.Roku operates a steaming platform that aggregates an array of subscription services for its viewers. Roku also allows advertisers to use its technology to target various demographics within its audience. At a high level, this business is in a favorable position to benefit from the ongoing cord-cutting trend.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool