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More Likely to 5x First: Roku vs. Shopify

More Likely to 5x First: Roku vs. Shopify

Roku (NASDAQ: ROKU) and Shopify (NYSE: SHOP) were huge pandemic favorites during 2020 and early 2021. Investors were optimistic about Roku's position within the connected TV market, and Shopify was putting up fantastic earnings results as it powered a growing number of e-commerce sites. With slowing growth, increasing competition, and the current bear market, both Roku and Shopify have been down over 80% in the past year.