Roku Is Ready For The Next Level

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By Gesard in Technology
Updated 3 years ago

Roku Inc (NASDAQ: ROKU) has been on fire due to its impressive revenue and account growth rates that were additionally fueled by lockdowns and new streaming entrants. Besides ending a record year with a profitable quarter despite Wall Street expecting a loss, there's more to come as advertising dollars are shifting from linear television to streaming. The rise of streaming services on Roku like Walt Disney Co's (NYSE: DIS) Disney+, AT&T Inc.'s (NYSE: T) HBO Max, and NBC Universal's Peacock will only continue to drive the cord-cutting trend.

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