Bad News for Comcast Could Be Good News for Roku

Bad News for Comcast Could Be Good News for Roku

If you think the cord-cutting movement has made it tough to be a Comcast (NASDAQ: CMCSA) shareholder in recent years, just wait -- the next few years could be even tougher. Conversely, shares of streaming middleman Roku (NASDAQ: ROKU) may be on course to reverse the 90% pullback they've taken since peaking in mid-2021. The market research outfit forecasts that the revenue collected by free ad-supported streaming TV (FAST) players like Roku will eclipse that of conventional cable platforms as soon as 2025.