Could Roku Stock's Post-Earnings Sell-Off Be a Huge Buying Opportunity for Investors?

When a stock falls after a quarterly report, it can sometimes be a great buying opportunity. Those initial sell-offs can turn into overreactions, so if the company's fundamentals remain strong, buying on the dip can lead to better returns later.Streaming company Roku (NASDAQ: ROKU) posted its latest results last week, and the stock has fallen sharply since then. Prior to the third-quarter earnings report, it was hovering around $80, and last week, it closed at just under $66. Why have investors turned bearish on the streaming stock, and could this be a good time to add Roku to your portfolio?The good news for Roku investors was that the company's losses in the most recent quarter were not as bad as what analysts were expecting. Its net loss per share of $0.06 for the period ending Sept. 30 was considerably lower than the $0.32 loss that analysts were expecting. And for the past few quarters, Roku's net loss has been improving and coming in better than Wall Street projections. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool