Roku Stock is Even More Attractive

Roku Stock is Even More Attractive

(NASDAQ:ROKU) when the stock was trading at $150, and I don’t expect coronavirus to trigger another Great Recession, (I think the virus’ spread will decelerate greatly within a month or two) I’m even more bullish on Roku stock now than I was a couple of weeks ago.

Excluding its low-margin player revenue, Roku is trading at a little over 11 times its revenue, according to InvestorPlace columnist Vince Martin. Further, the streaming platform’s 2020 guidance indicates that its high-margin revenue from advertising and subscription commissions — the company calls the combined revenue from these two sources “platform revenue” — will jump more than 60% year-over-year, Martin reported. He added that:

Source: Yahoo FINANCE

Trending Articles

Square Gives Upbeat Earnings Feb 2020

by

on

Square Inc. Upbeat Earnings

Apple price target raised to $400 at Deutsche Bank

by

on

Apple price target raised to $400 at Deutsche Bank

Tesla Tops $1,000. It Could Join S&P 500

by

on

Tesla Stock Could Join the S&P 500 Soon

Gold storms past $1,800 towards new record high

by

on

Gold storms past $1,800 towards new record high

Southwest Airlines stock rallies after Goldman Sachs…

by

on

Southwest Airlines stock rallies…

Crude Oil Prices Fall on Fears of Fresh Lockdowns

by

on

Crude Oil Prices Fall on Fears of Fresh Lockdowns

United Airlines Sees March Revenue Down…

by

on

Overwhelmingly, caution remains…

Oil Stockpiles Spike 5.65 Million Barrels: EIA

by

on

Oil Stockpiles Spike 5.65 Million Barrels

Airline Stocks Have Gotten Rocked by Coronavirus….

by

on

Airline Stocks Have Gotten Rocked by Coronavirus….

Amazon Blew Wall Street’s Expectations Out of…

by

on

Amazon Earnings

Nasdaq trades in record territory…

by

on

Nasdaq trades in record territory as technology-related shares rise, S&P 500 flips positive

Tesla stock tops $900, Closes At Record

by

on

Closes At Record…

Boeing Stock Jumps After Analyst Says..

by

on

Shares of Boeing Co. BA, -3.47% rallied nearly 12%…

Nissan secures $7.8 billion from creditors since April: filing

by

on

Nissan secures $7.8 billion from creditors…

Flybe collapses! Even after government backing

by

on

Flybe collapses!

Under-the-radar trend suggests market’s hot streak…

by

on

Market’s hot streak is just beginning…

Wirecard administrator sees strong interest…

by

on

Wirecard administrator sees interest from buyers

Bank of America profit more than halves..

by

on

Bank of America profit more than halves…

JPMorgan Says Giant Volatility Product May Rise From the Ashes

by

on

JPMorgan Says Giant Volatility Product May Rise…

Google’s $2.1 billion Fitbit deal hits roadblock…

by

on

Google’s $2.1 billion Fitbit deaL…

Why stocks don’t seem worried about the surge in COVID cases

by

on

Why stocks don’t seem worried about COVID…

Adobe Beats Q1 Targets, But Expects…

by

on

Adobe Beats Q1 Targets, But Expects…

Copy Invest Markets

Investors Prepare for More Market Swings…

by

on

Caution remains in the stock market…

PepsiCo will take aim at Kraft Mac & Cheese dominance this fall

by

on

Why stocks don’t seem worried about COVID…

Climate crisis and Covid-19 conspire…

by

on

Climate crisis and Covid-19 conspire…

JP Morgan, $190 Dollar Oil Barrels Possible…

by

on

Could Oil hit $190 /barrel? …

China’s Investment in Australia Falls to a 13-Year Low

by

on

China’s Investment in Australia Falls to

These 5 Giant Stocks Are Driving The U.S. Market Now

by

on

These 5 Giant Stocks Are Driving The U.S. Market…

Asian Stocks Are Mostly Down At The Start Of…

by

on

Asian Stocks Are Mostly Down At The Start Of…

Stocks rally, yuan surges as investors bet on China revival

by

on

Yuan surges as investors bet on China revival

Crypto: safe harbour or stormy sea?

by

on

Crypto: safe harbour or stormy sea?

Gold soars to record high, stocks stay uncertain

by

on

Gold soars to record high, stocks stay uncertain

Ryanair to Cut Back Flights to Italy Amid Coronavirus

by

on

Ryanair to Cut Back Flights to Italy…

Exxon Mobil, American Express share gains…

by

on

Exxon Mobil, American Express share…

Morgan Stanley posts record profit on trading..

by

on

Morgan Stanley posts record profit on trading boom

Oil prices rise as easing of lockdowns…

by

on

Oil prices rise as easing of lockdowns spurs

Nasdaq earnings expected to benefit from tech rally

by

on

Nasdaq earnings expected to benefit from tech rally

Apple Earnings Smashes Expectations

by

on

Apple Earnings

Facebook Stock Crashes after Earnings

by

on

Facebook Earnings

Apple $2 trillion? rethinking your investment…

by

on

This chart might have you rethinking investment

Goldman Sachs confirms $3.9 billion settlement deal…

by

on

Goldman Sachs confirms $3.9 billion settlement…

Stocks soar after jobs report better then…

by

on

Stocks soar after jobs report

GlaxoSmithKline Is An Interesting Stock

by

on

Here’s Why I Think GlaxoSmithKline…

Nasdaq isn’t just beating the Dow and S&P 500

by

on

The Nasdaq isn’t just beating the Dow and S&P 500

This ‘world-class disruptor’ is the next Netflix…

by

on

This ‘world-class disruptor’ is this the next Netflix?

After months of speculation, investors get…

by

on

Months of speculation, investors get…

GBP/USD at 5-Week high, breaks above 1.27

by

on

GBP/USD at 5-Week high, breaks above 1.27

Netflix pulled off a showstopper early in the pandemic, but…

by

on

Netflix pulled off a showstopper early…

Johnson & Johnson’s stock inches up…

by

on

Stock inches up after profit and sales beat…

Twitter shares stumble after high-profile, unprecedented hack

by

on

Twitter shares stumble after unprecedented hack

Is BlackBerry (TSE:BB) A Risky Investment?

by

on

Is BlackBerry (TSE:BB) A Risky Investment ?

what’s in store for stocks through Election Day…

by

on

what’s in store for stocks through Election Day…

88 Stocks Moving In Friday’s Mid-Day Session…

by

on

88 Stocks Moving In Friday’s Mid-Day Session…

Gold Pierces $1,900 First Time Since 2011, Eyes Record High

by

on

Gold Pierces $1,900 First Time Since 2011…

AMD Deals a Massive Blow to NVIDIA

by

on

AMD giving NVDIA sleepless nights

Tesla’s Bumper Earnings Report After Years…

by

on

Tesla’s Bumper Earnings Report

Virgin Atlantic bosses to take 15% pay cut

by

on

Virgin Atlantic bosses to take 15% pay cut

Why stocks don’t seem worried COVID cases

by

on

Why stocks don’t seem worried about COVID…

What happens after the S&P 500’s best quarters…

by

on

What happens after the S&P 500’s best quarters…

Hertz’s Stock Doubles To Erase All Post-Bankrupty Losses

by

on

Shares of Hertz Global Holdings Inc…

Intel admits another defeat with manufacturing issues

by

on

Intel admits another defeat…

Big Tech’s big test arrives in the busiest week…

by

on

Big Tech’s big test arrives in the busiest…

UBS tops forecast on investment banking results

by

on

UBS tops forecast on investment banking results

Alibaba says cloud unit to recruit 5,000 staff globally

by

on

Alibaba says cloud unit to recruit

Closed Apple Stores could change iPhone buying habits…

by

on

Closed Apple Stores could change iPhone buying…

Uber says it will compensate drivers…

by

on

Uber says it will compensate drivers…

High Volatility Is Here To Stay In 2020

by

on

High Volatility Is Here To Stay In 2020…

Fed warns stock market of a second recession

by

on

Fed warns stock market of a second recession if…

Uber scoops up Postmates for $2.65 billion in delivery push

by

on

Uber scoops Postmates for $2.65 billion in delivery

Bitcoin Jumps Above $10,000 for the First Time…

by

on

Bitcoin Jumps Above $10,000 for the…

Stock Futures Point to a Rebound Following Steep Declines

by

on

Stocks and Futures Rebound

Gold Jumps to Biggest Week in 11 Years

by

on

Gold up almost 7%

Invest In Whole Earth Brands Growth?

by

on

Is Whole Earth Brands A Good Position To Invest…

Dow surges 320 points, briefly retakes perch at…

by

on

Dow surges 320 points, briefly retakes perch at…