Buy Roku shares because it is disrupting television with its streaming platform: Analyst

“Disintermediation of television content and services leaves Roku in a position to capitalize on its role as a new-age intermediary,” analyst Paul Golding said in a note to clients Thursday. “Given higher margin, scalable platform business, 2020 earnings should jump.” Roku shares were up 3.6 percent Thursday afternoon. The company’s stock is down 16 percent in 2018 through Wednesday versus the S&P 500’s 4 percent return. – Tae Kim, CNBC

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