As we progress through February, investors may notice that Roku ROKU and Twilio TWLO have been two of the hottest stocks so far this year. Year to date, ROKU has soared over +30%, with TWLO up +14%. That said,

Turning $10,000 into $1 million implies a 10,000% increase. Early stage tech companies have done it faster than others, but it's rare for this to happen quickly. This is a long-term strategy, even for top growth stocks.

Roku’s momentum continues to build. The company recently reported that its global streaming TV household count reached..

Shares of Roku (ROKU) closed lower in today’s trading as investors await its Q4 earnings results on February 13 after the market closes.

Nonetheless, the company generated $203 million in positive free cash flow in 2024, as the $385 million in stock-based compensation is the only remaining obstacle to profitability. As a result, Roku stock sells at 52-week highs and may have possibly begun its long-awaited recovery.

Roku, Inc. (ROKU) shares breached the $100 psychological barrier last week for the first time since June 2022, thanks to the streaming device maker’s better-than-expected fourth-quarter results. The forward guidance was roughly in line with expectations.