Consumer Health, Education Tech, Robots

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4.7 • 1.7K Ratings

🗓️ 4 May 2021

⏱️ 23 minutes

🔗️ Recording | iTunes | RSS

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Summary

CVS Health hits a 2-year high after 1^st-quarter profits and revenue are higher than expected. iRobot takes a hit due to the rising cost of components. Asit Sharma analyzes those stories and weighs in on the latest results from online education company Chegg.

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Transcript

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0:00.0	It's Tuesday, May 4th.
0:04.4	Welcome to Market Foolery.
0:05.6	I'm Chris Hill.
0:07.0	With me today, Mr. Asset Sharma.
0:09.2	Good to see you.
0:10.7	Good to see you, Chris.
0:12.0	So happy to be back on Market Foolery.
0:14.8	We've got tech for education.
0:17.7	We've got tech for your home.
0:19.0	But we are going to start today with consumer health earnings.
0:22.9	Shares of CBS health are hitting a two-year high this morning.
0:27.0	First quarter profits in revenue came in higher than expected.
0:30.0	Traffic is up at the stores.
0:31.9	They raised guidance for the full fiscal year.
0:34.8	I should point out that Karen Lynch became the CEO back in February.
0:38.7	And I think for investors, the Lynch era appears
0:42.2	to be off to a good start.
0:44.5	There's nothing like a good earnings report
0:46.8	to give you some momentum when you take over the home
0:49.6	of such a big company like this.
0:51.7	So good for Karen Lynch and good on Karen Lynch.
0:54.5	I mean, these are nice results.
	...

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