|Bid||2,802.00 x 900|
|Ask||0.00 x 800|
|Day's Range||2,741.46 - 2,787.25|
|52 Week Range||1,407.70 - 2,936.41|
|Beta (5Y Monthly)||1.00|
|PE Ratio (TTM)||37.05|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||3,103.33|
Roku has launched two players that are launching just in time for the holidays.
The software-as-a-service (SaaS) business has generated significant returns for both the technology industry and its investors. Market research firm Valuates forecasts that the SaaS market, valued at $158 billion in 2020, will grow at a compound annual rate of 12% through 2026. Two companies that I expect will produce considerable returns for investors long-term are DigitalOcean (NYSE: DOCN) and Twilio (NYSE: TWLO).
These are attractive picks for retail investors looking to buy high-growth stocks with significant upside potential.