Yet just like Google in 2004, Roku dominates its market. According to market researcher Parks Associates , Roku boasts a 37% market share in "over the top" streaming devices. Amazon's Fire TV, Apple TV -- even Google's own Chromecast -- don't even come close.
Will Roku maintain its lead in the years to come? Can it translate wild consumer popularity into cold, hard cash profits? That remains to be seen. But if Google's performance offers any example, I'd say Roku's chances look good.
From the article "3 Stocks That Look Just Like Google in 2004" by Matthew Frankel, Rich Smith, and Keith Speights.
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Parks Associates, a research firm that tracks the connected home, found in a recent survey that one-third of U.S. broadband households use a free, ad-based streaming service, up from 24% a year earlie...
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Most people assume all the big streaming services will be at the ready to download and watch on their streaming device. And up until this year, that was fairly true. People who bought a Roku or an Ama...
