Tuesday, April 9, 2019

Invest in Roku

I see this as a good opportunity. Roku has recently grown to a billion dollar company. Free Apps for channels that provide free movies and television are just taking hold of market share making cable almost obsolete. Roku carries these apps with internet access raising the quality of free entertainment. This free entertainment draws people to buy the Roku setup for their television. It is one of the first in the field making it a good investment it just IPOed in 2017 and sits 59.32 per share as of April 9 2019. I predict this billion dollar company to grow several fold to get more market share. Roku puts everything back into growth making it a growth company. As it becomes more popular more apps will become available. Will it take the path of Netflix and become a movie content company? I think so. Going through the internet for connection is way cheaper than modern television technology. So we should be blessed with more television channels.

I, Michael Wilkinson don't own any of Roku as of yet.

Invest at your own risk.

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