Buy Roku shares because it is disrupting television with its streaming platform: Analyst

“Disintermediation of television content and services leaves Roku in a position to capitalize on its role as a new-age intermediary,” analyst Paul Golding said in a note to clients Thursday. “Given higher margin, scalable platform business, 2020 earnings should jump.” Roku shares were up 3.6 percent Thursday afternoon. The company’s stock is down 16 percent in 2018 through Wednesday versus the S&P 500’s 4 percent return. – Tae Kim, CNBC https://ift.tt/2HOWjqG
Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.