$1.28 (0.87%) Today
52 Week High
52 Week Low
7 Days Mentions
One thing that makes me think more about "deep value territory".... Alot of these ROKU/PINS/TDOC stocks are going back to pre pandemic valuations. But all financial data shows they have much better positions that before. So better revenue from 2019 with equal yields yet also equal valuations?
I mean 30% of mine is ROKU just think its crazy undervalued with it basically having a deal with almost all the major tv makers. One half decent show on their streaming service and they are off to the races again. Specially when they beat earnings by decent margin. Have 0 clue how price has shaved off so much
I bought some here in this correction. I averaged down on my ROKU, PYPL, and PENN holdings. Those holdings are in the crash category compared to the general market correction that’s going on. More upside potential than downside risk in those companies in my opinion.
I would look into their peers which mostly got unfairly sold off. Disney, VIAC, DISCA/T, etc. These new streamers like Paramount+, HBO, etc are pulling subs from Netflix. Don't discount the huge rise in ad-supported channels like Pluto as well. ROKU also benefits from increased churn and growth of ad-supported networks (they get 30% of all ad inventory, and 30% signup bonuses).
many tech stocks are trading today based on panic. this aint healthy is my point. ex: ROKU is traring at lowest EV/S multiple since its IPO, even if it is a much better business today than at the time of IPO. Same goes for PINS. and many others. Valuation should be within context of a company's top line growth and margin structure. what is crazy is PINS is trading at lower FWD PEG ratio than stocks like KO, GE, P&G. this is all market narrative and panic: sell anything tech as anything tech is a "bubble", and rotate to "value" my guess is lots of new millionaires will be minted in a couple of yrs, scopping up good tech stocks at fire sale prices today
The bubble has well and truly burst in speculative growth stocks. 4 stocks I have (I actually sold NET at breakeven today, didn't wanna go red in yet another lol) Fall from ATH: DKNG - 75% CRSP - 71% LMND - 84% NET - 61% More examples: PINS - 67% SE - 61% SQ - 61% PLTR - 66% ROKU - 70% ZW - 76%
>what do people consider the “unprofitable” tech vs the “good” tech (aside from obvious FAANG)? i assume unprofitable tech includes like PLTR, but do SQ and ROKU fall into good tech? what else? Even profitable and super healty tech like $GRMN are bleeding hard
ARKK, I really enjoy most of their holdings, I hate to say it. ​ TSLA, I think it's a great company to be long on, could go under a big correction, but it looks like the future of EV's. TDOC, I mean come on, Telehealth has got to be the future of healthcare, if they can navigate these times and cement themselves as the leader of telehealth, they're going to be a massive winner. ​ ZM, yuck. ROKU, unsure. ​ COIN- Coin looks nuts! Their p/e is already at a super discount, and I think crypto could pave the way for a more decetrentalized future, however it's going to be in for a rough couple of years. ​ U- I love unity! If the metaverse does actually happen it will be built off Unity I truly believe. I think the new unreal engine looks amazing and we can see some new games being built off that engine hopefully. Spotify- anecdotal, but dude, Spotify is super freaking popular and I feel they're outmaneuvering Apple Music a little bit, and with APPL facing anti-trust I feel Spotify could continue to grow! TWILIO and UIPATH im unfamiliar, but SQ you gotta be long on. ​ Every single small business that I personally know are built off of SQ, + their adventures into Crypto are really cool, also I just genuinely like CashApp and the idea of it being way more decentralized than Venmo is. My sisters business is running off of SQ and a sister franchise of ours is also running off of SQ and I continue to see adoption in companies that use it! ​ so, in short - man, if you're bullish on fancy new tech and innovation, fuck it, just hold, but if you're like me and think the Metaverse won't come to fruition you'd be better buying off some select stocks that she has. This could be a really long hold but there are some great companies in there, some are terrible though.
It's literally in the Bible OP. "One day Cathie Wood was trekking in a national park when she saw a light over a hillock. She approached it and as she neared, she saw that it was a burning bush. "Wtf" Cathie said. And a booming voice came from the bush and echoed through the woods. "I'M GOD YOU GILF", the bush thundered. And it spoke cryptic syllables. "TSLA. ZM. ROKU..." the voice chanted. "What?" squeaked Cathie. The voice sighed for it knew her memory had been affected by age. 10 iphones appeared in front of her. The Fidelity app installed in each and the buy section open for a single stock in each. "BRING THESE TICKERS TO MY 'SPECIAL' KIDS", the voice commanded. Cathie understood what the bush wanted and accepted her destiny and brought the unrealized profits to wsb." Retards 4:20
ATVI is a good example, I was buying that as well as it kept dipping on "scandal" news more than fundamental. But ROKU? it is x8 revenue AFTER a 50%+ drop off , which now at its all time low comes much closer to realistic valuation, which again still arguable its not a cheap stock by any means even relative to the peer comparison
ATVI: yeah it's trading way under Microsoft's $95/share bid & although MSFT is big tech, they're not seen as bad guys like AMZN, META, & AAPL EA & TTWO: They're next to be acquired so yeah they're undervalued too ROKU: yeah trading at just 7.5x revenue when other high growth stocks are trading at a 15.5x multiple. Before that peer group was trading at 20x - 25x multiple until the recent exodus happened.
dicey time for sure. but id say we are closer to bottom than the top for many tech stocks ex: PINS is trading at a lower fwd PEG ratio compared to GE, P&G, etc. while posting 30-40% cagr growth and FCF margin that keeps trending up. ROKU is selling at lowest EV/S multiple it has ever traded at since its IPO. NFLX, PYPL, SQ, Visa are all back to pre covid levels right now aint the time to sell tech. that ship has long sailed. sit back tight, delete the trading app, and keep an eye on inflation moves in the meanwhile. I suspect the elevated inflation rate has already peaked will gradually taper off. we shall see
I think growth stocks are the first to bottom and first to reverse after that, watching the beaten down goodie’s closely this week SOFI -51% from ATH SE -60% from ATH AFRM -70% from ATH MTTR -73% from ATH STEM -75% From ATH ROKU -70% from ATH FTCH -75% from ATH UPST -77% from ATH FUBO -82% from ATH JMIA -90% from ATH
Why would you call ROKU a scam? Genuinely curious? I rode ROKU up but sold out in the green during February 2021 before it tanked hard. > People spend more when they think the market is good because they perceive their wealth to be higher. This is SO critical. Great point.
You're getting burned because ROKU is still trading at a very high valuation (70x P/E). The stock was overbought and is correcting...investors are rotating to value where there is less risk. Good luck to you, but I would consider diversifying or revisiting your investment approach before sinking more money into this stock. It could still unwind further....
ill save you boys the trouble—- ROKU is the next NFLX. Yes i have puts on Roku so im a little bit of a scheezeball, but i have puts on other stocks and calls on others expiring after earnings. ROKU is the only one i think has a high high chance of going in my favor. but, of course, now that i said that, it will go up. So buy calls
Okay, I’m gonna avoid TSLA because I’ve seen horror stories about people buying calls/puts on it. I’m considering ROKU as it’s down 34%, what’s the best website for options chain data? I’m just gonna buy puts where everyone else is buying puts. $PTON I think it’s gonna drop $2 upcoming week, and $25 calls seem to have the most volume.
So much other short worthy companies with juice left, COIN, ROKU, DASH, TSLA, SNOW, just to name a few... PTON has IP that is valuable and tbh isn’t a terrible valuation under 8.5b. IMO. Wait for Monday to see market direction, TSLA & MSFT er will be huge for overall market next week
yeah I got insulted for saying Intel isn't going anywhere. Mocked and downvoted to oblivion by AMD and NVDA holders (I hold AMD fwiw). DKNG, PTON, NFLIX, ROKU, NVDA - stocks this sub pumped up are all crashing much more than their sector avgs. SHOP and SOFI is the next bag holders favorite. Whenever you see someone tells you a stock is "on discount", "so cheap", or all future events are "priced in", etc. just run. They are selling you their bag.
There was a hint of this in ROKU 2-3 quarters ago. They reported a dip in total streaming hours watched which was what warned me off from entering Roku in the 300s. It was viewed then as being a deal because it had pulled back from the 400s. Another Covid beneficiary bites the dust.
People joke about the dot-com bubble and [pets.com](https://pets.com) and how it all seemed so obvious in hindsight, but for this round we had a whole ETF of clown stocks managed by a figurehead who put a price target of $3000 on TSLA and I didn't even react and get the fuck out of PLTR or ROKU