One of the many reasons IRobot is very prominent is because the company manufactures the Roomba vacuuming robot. With technology on the rise, people are looking for new ways to clean homes and innovate.
This is a great way to start that. The stock is up to $45 in the past three months and is expected to continue rising with the growth of technology. The estimates for how much the stock is going to go up have raised from the initial evaluation of $2.10 to $3.52 for the year 2021 and for 2022 it has raised from $3.61 to $5.55.
Redfin offers dramatically low brokerage commissions on housing transactions, attracting buyers and growing the company at a very fast rate.
The company is up $33 in the past five months and with the brokerage commission being so low people will continue to pump money into the stock and into the company.
Eight analyst reviews have the company making $251 million in fourth-quarter sales which is up 65 million from last year’s sales in the same quarter. A 35% increase shows major growth in the company.
Back in late February, the company announced the $608 million acquisition of the company RentPath which owns companies like Rentals.com and Apartments.com. This news sent the stock price soaring and since it has continued to rise.