06.02.2025 09:05:00
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Got $1,000? 2 Stocks to Buy Now While They're on Sale
Buying shares of growing companies when they are offering solid value can help you build wealth over many years. If you have extra cash you don't need for paying bills or reducing debt, here are two stocks that can set up you up for outstanding returns in the coming years.Roku (NASDAQ: ROKU) is one of the leading brands in streaming, with more than 85 million households using its platform. It offers a mix of free ad-supported and premium content, which is resonating with consumers. The stock has doubled since bottoming out in 2022, but is trading well off its peak.Over the last year, improving financial results have created more positive sentiment around the shares. In the third quarter, revenue and streaming households grew at double-digit rates over the year-ago quarter. While Roku is still working at earning a consistent profit from operations, trailing-12-month free cash flow increased 56% through Q3 2024 to $157 million, indicating the potential to earn a healthy profit as the business continues to grow.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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NOW Inc When Issued | 14,20 | 0,71% |
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