Company Of The Day: Roku
Streaming major Roku (NASDAQ:ROKU) is looking to double down on content, with plans to develop over 50 original shows over the next two years.
The move could help the company bolster advertising revenues via its Roku Channel, which lets users watch free ad-supported content. Roku sells 100% of the ads when viewers watch the Roku Channel, compared to under 30% of the ads when viewers watch content in other apps on the Roku platform.
See Our Complete Analysis For Roku
What if you’re looking for a more balanced portfolio instead? Here’s a high-quality portfolio that’s beaten the market consistently since 2016.