Roku (NASDAQ: ROKU) may finally be on track for a comeback. Admittedly, prospective Roku shareholders may want to see further improvements before buying shares. The reason for Roku's struggles is likely its focus after the pandemic's height.

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

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.

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.

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