Is iRobot A Good Stock For The Robotics Revolution?
What better stock to review first for robots and AI month than one of the most familiar names in the space: iRobot (IRBT)? For one, as mentioned, the company is familiar. I would reckon that pretty much everyone reading this either has a Roomba, knows someone who has one, or at the very least knows what it is! Secondly, the company has an extremely easy-to-understand business model. And third, iRobot is very much a "pure play" on the robotics trend, in a space where a lot of the advancements are taking place within the "skunk works" divisions of larger, more diversified companies that make their money in other ways.
Dec-14-2017, 12:45:57 GMT
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