Streaming media platform Roku (ROKU) is a hot stock again. Amid Netflix (NFLX) shares trading lower, Roku jumped by 8.6% on February 13,
Roku posted revenue rising by 15.8% Y/Y to $1.39 billion. For Q1, it is forecasting its platform revenue to grow by 21%, which is offset by devices revenue falling in the mid-single digits. Roku is on the path to achieving sustainable profits.
Less well-known compared to Dell or HP (HPQ), PC gaming supplier Corsair (CRSR) rose in a single session by 48.2% last Friday. Short interest stood at a 17% short interest. The firm earned $0.43 a share. Revenue rose by 5.6% Y/Y to $436.9 million. Corsair guided Q1 non-GAAP EPS of up to $0.22, while FY 2026 non-GAAP EPS is $0.58 to $0.74.
Corsair benefited from soaring memory prices. Segment revenue increased by 24% Y/Y. New product launches, smart inventory management, and flexibility in the supply chain helped it navigate the memory-constrained market.
In the auto parts sector, Advance Auto Parts (AAP) broke out to the upside. It posted a -1.0% Y/Y change in revenue of $1.97 billion. However, that Q4 result pressured short sellers, who hold a 21.87% short interest.
AAP is accelerating its strategic transformation. This year, it expects to deliver better financial performance. It operates 16 distribution centers in the U.S., down from 40 at the end of 2023. By opening 14 new market hubs, AAP is positioning its business to expand its operating margin.
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