4 Stocks I'm Watching This Week as Potential Buys

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Today’s video focuses on the following four stocks I am keeping my eye on this week: Roku (NASDAQ:ROKU)Meta Platforms (NASDAQ:FB) (formerly known as Facebook), Alphabet (NASDAQ:GOOGL)(NASDAQ:GOOG), and Roblox (NYSE:RBLX). I discuss fundamentals, recent price action, and potential bullish cases for each stock. Here are some highlights from the video. 

  • Stock prices have fallen dramatically from all-time highs for many of these names. Roku is down over 60%, Roblox is down over 30%, Meta Platforms is down over 14%, even the giant Alphabet is down over 7%. At the same time, these four companies have seen strong growth in revenue and are positive in cash flow from operations with healthy balance sheets. 
  • On Jan. 3, Roku announced that for the second year in a row, the Roku operating system (OS) was the No. 1 smart TV OS sold in the USA. It also announced a partnership with Sharp to bring more TV models to customers in the US. 
  • Alphabet continues to grow its revenue at impressive levels regardless of being a giant already. In its most recent quarter, ending Sep. 30, the company reported 41% year-over-year revenue growth driven by its advertising segment. Investors should keep an eye on two segments: its YouTube ads and Google Cloud. Google Cloud is currently not profitable, but margins are improving over time.

Click the video below for my full thoughts and analysis. 

*Stock prices used were the midday prices of Jan. 10, 2022. The video was published on Jan. 10, 2022.

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This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis — even one of our own — helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.