Roku Poised for Growth as Streaming Future Arrives
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Cable TV is in decline as viewers shift to streaming, benefitting Roku as the top streaming platform.
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Roku has a large and growing user base, with over 73 million active accounts.
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Roku makes money from advertising, and its ad business will grow as the economy recovers.
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Roku is gaining market share in connected TVs and was the #1 seller in the U.S., Canada and Mexico.
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The stock is undervalued compared to future growth potential, with Cathie Wood predicting it could soar over 700% by 2026.