Company Of The Day: Roku
What?
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.
So What?
- Will Cost Cuts and User Gains Power Roku’s Q2 Results
- Roku Stock Can Rise To $70 As Cash Flows Surge
- Is Roku Stock Attractive At $62 As Engagement Rises And Costs Decline?
- Down 37% This Year, Will Roku Stock Recover Following Q1 Results?
- Roku Stock Gained 56% Over The Last Three Months, Will It Rise Further Following Q4 Results?
- Up 40% Over The Last Week, Will Roku Stock Continue Its Strong Run?
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
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