If google changes its mind, I know who they can pa
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Posted On: 08/27/2018 2:57:33 PM
If google changes its mind, I know who they can partner with.
Will Ashworth
,InvestorPlace•August 27, 2018
Toward the end of last year, Roku’s (NASDAQ:ROKU) extreme valuation had several of my InvestorPlace colleagues in a tizzy. Fast forward to today, and not much’s changed on this front. Over at Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL), InvestorPlace’s James Brumley’s been lamenting about the fish that got away — streaming TV, providing me with a great idea to goose Google stock for the short-term and long.
“Among consumers watching streaming TV, more and more of them are doing so through a device made by Roku or Amazon.com (NASDAQ:AMZN),” Brumley wrote, “Chromecast competitors like Amazon’s Fire and Roku are gaining market share, at Google’s expense.”
Brumley finishes his article by arguing that Alphabet isn’t remotely interested in streaming TV — and that’s bad for GOOGL stock.
Will Ashworth
,InvestorPlace•August 27, 2018
Toward the end of last year, Roku’s (NASDAQ:ROKU) extreme valuation had several of my InvestorPlace colleagues in a tizzy. Fast forward to today, and not much’s changed on this front. Over at Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL), InvestorPlace’s James Brumley’s been lamenting about the fish that got away — streaming TV, providing me with a great idea to goose Google stock for the short-term and long.
“Among consumers watching streaming TV, more and more of them are doing so through a device made by Roku or Amazon.com (NASDAQ:AMZN),” Brumley wrote, “Chromecast competitors like Amazon’s Fire and Roku are gaining market share, at Google’s expense.”
Brumley finishes his article by arguing that Alphabet isn’t remotely interested in streaming TV — and that’s bad for GOOGL stock.
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