Articles tagged with ROKU

It's been a long, long time since I've had anything positive to say about Roku, Inc. (ROKU), but it's at least beginning to show signs of a bottom in place. The first two real bullish signs emerged together. At the start of November, ROKU reported earnings and they weren't good. Clearly, bad news had been anticipate, though, as ROKU has fallen from 240 to start the year to under 45 on the November 3rd open. Higher interest rates and slowing growth have taken a massive toll on the stock, but when is enough enough?...keep reading

I think we've done a pretty decent job of forecasting solid results and not-so-solid results. Cadence Design Systems (CDNS) was a software company that was featured in our July 20th EB Digest newsletter. I pointed out the relative strength and soaring AD line as it prepared for earnings - and CDNS delivered. CDNS posted excellent results and it now trades very near its 2022 high....keep reading

Last week, we saw Snap, Inc. (SNAP) rise to its highest level in two months, just before it released its awful Q2 earnings report. While the short-term strength was nice, SNAP remained very close to its 52-week relative low as Wall Street simply wasn't buying. After last week's dismal report, we now know why....keep reading