Hedge Funds Are Buying Roku (ROKU) in Droves – Here’s Why

Roku Inc (NASDAQ:ROKU) is one of the Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. ARK cut its stake in streaming technology company Roku Inc (NASDAQ:ROKU) by 20% in the fourth quarter, but still ended the period with a $640.5 million position. The stock is up 35% over the past 12 months. Insider Monkey’s database shows that the number of hedge funds having a stake in ROKU jumped by 20 in the fourth quarter as compared to the September quarter. Why is smart money interested in Roku Inc (NASDAQ:ROKU) ...