Can Roku Keep Growing Its Smart TV Market Share?
One of Roku's (NASDAQ: ROKU) biggest strengths over the last few years has been its growing share of the smart TV market. Management says one-third of all smart TVs sold in the U.S. are now Roku TVs, and it accounts for one in every four smart TVs sold in Canada. Stephens analyst Kyle Evans expressed his doubts last week in a note to investors.