Roku (ROKU) shares surged 21% Thursday following upbeat financial results for its second quarter, which included the addition of 22 million new accounts. 

Revenue grew 45% year-over-year, which is in line with some of the pricier technology stocks, such as Facebook (FB) . Roku stock trades at $57.32 a share.

Real Money contributor Stephen Guilfoyle, likes the name and tried to buy the stock before Thursday's earnings release. "I missed it," he said. 

With Facebook, Guilfoyle said he wouldn't buy the stock at its current level of roughly $185 a share. 

Watch our full Trading Strategies webcast here.

NOW WATCH: Jim Cramer Reacts to Roku's 45% Earnings Growth

More from Video

A Guide to Investing in the Fast-Emerging Cannabis Industry

A Guide to Investing in the Fast-Emerging Cannabis Industry

Canadian Pot Legalization Could Be A Fresh Tailwind for Cannabis Stocks

Canadian Pot Legalization Could Be A Fresh Tailwind for Cannabis Stocks

Striking Options: Earnings, Gold, & Nasdaq

Striking Options: Earnings, Gold, & Nasdaq

This Market is Comparable to Getting Into a 'Fist Fight'

This Market is Comparable to Getting Into a 'Fist Fight'

3 Things Investors Can Do to Stay Strategic When the Market's Volatile

3 Things Investors Can Do to Stay Strategic When the Market's Volatile