01.02.2025 12:50:00
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Why Netflix's Excellent Performance Is a Great Reason to Buy Roku Stock
Netflix (NASDAQ: NFLX) wowed the markets last week with a blowout quarter, and its stock jumped higher on the news. And savvy investors might see this as a win not only for Netflix, but also for streaming giant Roku (NASDAQ: ROKU). Let's go through the story and see why you might want to buy Roku stock right now.Netflix reported spectacular fourth-quarter results last week, with its highest-ever quarterly add-ons at 18.9 million new subscribers. It added 41 million for the year. Sales were up 16% year over year in the quarter, and management is expecting 11% growth in 2025. Operating margin expanded, and fourth-quarter earnings per share more than doubled.Although there have been times over the past few years when it wasn't clear that Netflix could compete with the major studios, the company has demonstrated firmly that it can. And although it looked like streaming had hit a roof after accelerating during the pandemic, it clearly hasn't.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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Aktien in diesem Artikel
Roku Inc. | 79,78 | -2,62% |