This is not the environment to be catching this falling knife. We are in a bear market and this company is highly overvalued, growth is slowing, supply chain issues and input costs are increasing. ROKU missed revenue expectations by 9 % and lowered forward guidance. Another 70 PE stock whose price to earnings will compress. ROKU $865.3 million, vs. $894.0 million as expected by analysts ROKY sees 55M in adjusted earnings before EBITDA below the 79.2m consensus. ROKU, another Covid play is trading at it's lowest level since June 2020, this too will be taken out to the woodshed.
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