Watch this one as I think it is great value comapred to Netflix - dont forget Netflix announced some disappointing figures just a matter of weeks ago but seems to have been forgiven by the market. Roku is a less well known company offering the same services but, I think, with more potential going forwards.
In my mind this is a much better managed company and on a much less demanding rating than main competitor Netflix - therefore offers much better value? Might this share become a takeover target at some point?
Eventually it looks like investors might be switching from Netflix into Roku - the difference in the pe ratio is far too wide.
There's anyone have an update on the prospects for Roku? I have always thought this was a better bet that Netflix, anyone else agree?
A move above $130 would clear the way to a short-term peak of $160 and then more potential upside. However, like so many technology-based shares the general market may influence the price in the short to medium-term.
There are no monthly fees for watching free channels or for using a Roku device. You only have to pay for subscription channels like Netflix, cable-replacement services like Sling TV, or movie and TV show rentals from services like Apple TV.