Roku Powers Ahead
- Multiple tailwinds are blowing in favor of Roku, like cord cutting, advertisers following viewers to OTT and TV brands giving up on their own platforms.
- Its asset light platform business is the market leader and well positioned, but there is little stickiness and future success isn’t guaranteed.
- Its platform revenues grow at triple digits, producing considerable gross margin expansion with profitability in mid-term sight.
- We’ll likely take an initial position for the SHU portfolio.
Source: Roku Powers Ahead – Roku Inc. (NASDAQ:ROKU) | Seeking Alpha
Tags: ROKU · SHU Portfolio