Saturday, December 22, 2018 2:36:54 AM
Hate the shill fools, but even a broke clock is right sometimes.
3 Reasons Why Roku Stock Will Bounce Back in 2019
https://www.fool.com/investing/2018/12/18/3-reasons-why-roku-stock-will-bounce-back-in-2019.aspx
1. Recent storm clouds will pass
~China trade tensions will pass; platform is hardware neutral; TCL -- one of Roku's biggest champions -- is undergoing a major restructuring. The silver linings here are that the trade spat with China could ease or that Roku will pick up some of that business through its other licensed partners.
2. Investors can't ignore growth
~Revenue rose 39% in its latest quarter, fueled entirely by a 74% surge in platform revenue that now accounts for more than half of its revenue.
3. Never bet against stickiness
~More people using it more: users up 43%; use up a 63% increase; and revenue per user is up 37%
Meh, it's confirmation bias but ROKU looks like it will eventually bounce. I might look for some more couch cushion coins to bid for 26's
¯\_(o_o)_/¯
Your mileage may vary.
https://stockcharts.com/h-sc/ui?s=ROKU&p=D&b=5&g=0&id=p1358979323c
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