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Roku has an enviable platform position, but hasn't translated that to profitability.
Roku (ROKU -2.78%) has a massive user base and an enviable position as a platform, but the company can't seem to turn a profit. In this video, Travis Hoium shows why Roku may not be the power player some investors think it is.
*Stock prices used were end-of-day prices of Nov. 19, 2024. The video was published on Nov. 19, 2024.
John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Travis Hoium has positions in Walt Disney. The Motley Fool has positions in and recommends Amazon, Netflix, Roku, Walt Disney, and Warner Bros. Discovery. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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