Don’t Buy Roku Stock, Says Analyst; The ‘Coming Recession’ Is a Risk

At present, it seems everything is moving at an accelerated speed. Whether concerning the daily escalation of coronavirus cases, the programs being put into place to combat the economic effect, or the global race to find a vaccine/treatment to halt the pandemic.If you’re a watcher of the comings and goings on Wall Street, then you can add the speed at which companies are currently reevaluated to the list, too. Which brings us to Roku (ROKU).The present situation has caused a rethink at investment firm Wedbush on its model for the streaming player. The updated outlook is a subtle one, but …read more

Source:: Yahoo Finance

      

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