Yahoo Finance Top Stock Picks for Week of May 20, 2019
Roku, Inc. ROKU, is involved in creating streaming platform for delivering entertainment to the television. Thanks to huge revenue growth across all segments, Roku now has a market capitalization of nearly $10B and increased optimism about revenue and earnings forecasts going forward.The engine for that revenue growth is the sale of advertising. In their most recent quarterly report, Roku reported gross revenues of $207 million, higher than analyst expectations. Net earnings were also better than expected. Roku management also raised revenue guidance for the full year to more than double the previous year.
The Trade Desk, Inc. TTD, is a provider of technology platform for advertising. Since going public in 2016, this company has experienced significant revenue growth and is on a path to continued profitability. The Trade Desk came out with quarterly earnings recently beating the Zacks Consensus Estimate. Over the last four quarters, the company has surpassed consensus EPS estimates four times. The Trade Desk has outperformed the market so far this year. An interesting growth story here.
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