Roku, Inc.Long
Roku Long
Updated
Go long ~39.75. https://www.tradingview.com/x/HrhCJi7f/
Note
Management indicated that this quarter, video ad sales more than doubled, and have been consistently strong for several quarters.Content distribution, which includes revenue sharing from SVOD [streaming video on demand] and TVOD [TV on demand] purchases on the platform, is a little lumpier due to revenue recognition and grew closer to account growth. It will be a good buy at this ~40 as the potential to upside is tremendous.
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