Roku Starts the Next Phase of Monetization – the P/S Ratio of 2.5 Appears Attractive
Bank of America Rates at $100 (Buy)
The platform business was able to grow by 25% in the last quarter
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Roku (ROKU) is a promising growth stock given a hinted acceleration in growth due to "Roku 2.0," which I am keeping a closer eye on due to its relative strength in recent trading days. In my opinion, the P/S ratio of 2.5 is very attractive. Analysts at BofA expect the next monetization phase with improved revenue and profit growth. Roku OS has been the best-selling TV operating system in the U.S. for six consecutive years. From 90 million, it is expected to reach 100 million U.S. households by the end of the year. According to Nielsen, U.S....
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