ROKU remains attractively valued despite the recent rally, driven by its nascent advertising opportunities and partnerships, notably with The Trade Desk. The launch of Ads Manager/ in-house AI tools and partnerships with Shopify/ Instacart enhance its CTV advertising capabilities, offering unique shoppable ads and a seamless checkout experience. Despite the high FWD EV/EBITDA valuations, ROKU's...
Despite second- and third-quarter financial results that weren't immediately well-received by the investment community, Roku (ROKU 2.75%) shares have been on the way up in recent months, rising 52% since early August. That gain is better than the broader market indices.
"The investor who permits himself to be stampeded or unduly worried by unjustified market declines in his holdings is perversely transforming his basic advantage into a basic disadvantage." -- Benjamin Graham.
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