The short-sellers, at 23.5% of the float, should back down on iRobot (NASDAQ:IRBT). The vacuum maker posted revenue growing 27.7% Y/Y to $544.83 million. The adjusted gross margin is healthy at 40.3%.
Since the earnings report posted on Feb. 11, the stock trended higher. The Rosey the Robot smart cleaner is novel and will drive sales higher.
Roku (NASDAQ:ROKU) is the poster child of a great streaming services firm. Its install base grows because many LCD TV suppliers included its operating system. Daily trading volume keeps growing. The stock reached a new high last week.
Dividend-income investors should realize the ~40% year-to-date returns from Roku. This amounts to more than the dividends paid from Altria (NYSE:MO), Enbridge (NYSE:ENB), AT&T (NYSE:T), and more. The return to the average appears unlikely at this time. If that happened, ROKU stock would have to fall considerably.
Roku benefits from the pandemic keeping people at home and working at home, too. Streaming from Disney (NYSE:DIS), Apple (NASDAQ:AAPL), AT&T, Comcasts’s Peacock, and ViacomCBS (NASDAQ:VIAC) is a tailwind for Roku.
Roku shows no major signs of falling in the near-term. The shift from cable to streaming continues, bringing a big audience base with it. Roku is at the center of the shift and will benefit.
