What's Driving The Roku Stock Rally?

1. Roku added 4.3 million streaming households, reaching 90 million in January. 2. Q3 platform revenue exceeded $908 million, with substantial user engagement growth. 3. Roku's stock trading at 3x estimated 2024 revenue suggests undervaluation. 4. Competitors like Netflix shift focus to ad-supported plans impacting Roku's margins. 5. Roku enjoys a marketplace presence in half of U.S. broadband households.