2 Reasons to Buy Roku Stock, and 1 Reason to Sell
Streaming video has changed the entertainment landscape over the past decade. Companies like Netflix and Amazon, among others, have brought video from the analog world to the digital world. This rise in streaming video has led many households around the globe to buy connected televisions (CTVs), which is shorthand for TVs that are connected to the internet. This has benefited companies like Roku (NASDAQ: ROKU), one of the leading CTV makers around the world with an estimated market share of 6.4%.
Over the last 12 months, Roku stock is down 65%, potentially creating a buying opportunity for anyone interested in this business. Here are two reasons to buy Roku stock, and one reason to sell.
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Source Fool.com
