Golden-Dragon

ROKU - DAILY CHART

NASDAQ:ROKU   ROKU INC
Hi, today we are going to talk about Roku and its current landscape.
The streaming company it's facing a tough end of the year as investors are seen a slowing profit growth and a lack of relevant sell reports which could entail another year of slowing of its growth, as noted by the Morgan Stanley analyst Benjamin Swinburne, that downgraded the company to Underweight from Equal Weight.
When we think about Roku business model looks similar to a transaction model, not a perpetual one, at least if the company remains on this track, considering that if we think about that number of customers that for example has a 4k television that is not a smart TV, and are willing to buy Roku product to have access to these streamings services not many, right? Considering that TV technology is progressing and will only make it cheaper to have a Smart TV, which could mean the end of the road for Roku if they don't drastically change their path.
Thank you for reading and leave your comments if you like.
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