Roku (ROKU)

Roku (ROKU)

Postby winston » Tue Oct 02, 2018 7:53 pm

not vested

A NEW SUCCESSOR TO CABLE TELEVISION

Today, we're looking at a company that's leading the "cord cutting" trend...

Regular readers know we love investing in big, secular trends. Right now, more households are abandoning traditional TV packages for lower-cost streaming alternatives like Hulu, Netflix, and Amazon Prime Video. And one company is riding this tailwind...

Roku (ROKU) is a leader in cable alternatives. Its Roku TVs have built-in streaming capability – but it also sells separate devices that turn any TV into a streaming machine.

Importantly, users can reach all their streaming services from a single screen... And that makes Roku one of the easiest streaming platforms to use. Today, Roku has 22 million active accounts (beating every cable company except Comcast and AT&T).

As you can see in the chart below, ROKU has soared more than fivefold since it went public on September 28 last year. The stock recently hit a new 52-week high. As more folks ditch cable for cheaper streaming services, this huge rally will likely continue...

Source: Daily Wealth
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston
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Re: Roku (ROKU)

Postby winston » Wed May 22, 2019 9:11 pm

not vested

THIS WINNER THRIVES ON THE 'CORD CUTTING' TREND

Today, we're looking at one of the biggest trends in entertainment...

Not too long ago, consumers needed a cable subscription to watch their favorite TV shows. But now, video-streaming services like Netflix (NFLX) and Amazon Prime (AMZN) offer low-cost, high-quality content – and it's accessible just about anytime, anywhere.

We covered a loser in this trend last week with electronics company TiVo (TIVO). Now, we're looking at a winner...

Roku (ROKU) is a leader in video-streaming technology. Unlike TiVo, this device-maker works hand-in-hand with the low-cost streaming trend.

Its "smart" Roku TVs help users stream their favorite shows without any additional hassle. But it also sells affordable streaming players you can use with any TV.

So far, this strategy has been a recipe for incredible growth... In the first quarter, Roku grew revenue 51% year over year, bringing in nearly $207 million.

As you can see in today's chart, ROKU shares are soaring this year. They recently hit new multiyear highs. And since the stock went public in 2017, its price has quadrupled.

As long as Americans keep "cutting the cord," this streaming winner should continue higher...

Source: Daily Wealth
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston
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Posts: 118528
Joined: Wed May 07, 2008 9:28 am

Re: Roku (ROKU)

Postby winston » Tue Nov 24, 2020 9:22 pm

not vested

CAPITALIZING ON THE 'CORD CUTTING' MOVEMENT

Today's company is taking advantage of one of the biggest trends in entertainment...

Consumers used to need cable TV to enjoy their favorite programs. But now, video-streaming services like Netflix (NFLX) and Amazon's (AMZN) Prime Video, offer a wide variety of low-cost, high-quality content...

And it's accessible at any moment, without commercials and extra channels. As consumers are "cutting the cord," this company is benefiting...

Roku (ROKU) is a $35 billion leader in video-streaming technology. The company provides "smart" Roku TVs to help customers stream their favorite shows with one device. It also sells streaming players that can be used with any TV.

The company has grown steadily over the last few years as more people continue to ditch cable TV... And in the latest quarter, Roku's revenue jumped an incredible 73% year over year to $452 million.

As you can see in today's chart, ROKU shares have soared nearly 75% over the past year. They recently hit a new all-time high. As long as folks continue to "cut the cord," this company should perform well...

Source: Daily Wealth
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118528
Joined: Wed May 07, 2008 9:28 am


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