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Technology Stocks : Roku
ROKU 156.39+1.6%Aug 7 4:00 PM EDT

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From: zax4/4/2019 8:29:17 PM
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Roku pulled back today on analyst warnings of competitive threats from Amazon and Apple.

I am very much reminded of the pullback Netflix saw in 2011 when analysts said the exact same thing.

Netflix fell from 72 all the way down to 7 based upon all that FUD at the time.

But less than a year later NFLX was back at 40 and two years later at 70. Netflix closed today at 368.

IMO ROKU is baby high flier, and this current FUD and pullback represents an outstanding opportunity to get in near the start of it's ascent.
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