Is Roku Stock a Buy?
Roku (NASDAQ: ROKU) continues to bolster its influence over the streaming market. A deal to offer exclusive content and a dispute with a tech giant serve as the latest chapters in the company's emerging story. The stock has tripled in the past year, leaving investors to wonder whether they can still find gains in the entertainment stock.
Rather than serving as a mere streaming hardware manufacturer, Roku saw a future in which streaming would dominate at-home entertainment. The company moved to monetize this opportunity by building an ad-based ecosystem that attracts companies seeking large audiences and content producers seeking distribution for their films and shows.
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Source Fool.com
