Mike the PhD

iRobot: Love The Products, Not The Stock

iRobot (NASDAQ:IRBT) is the perhaps the best known American robots company due in large part to its most famous product; the Roomba. While the $1.1B (market cap) company has a variety of other products as well, the Roomba is what it is most known for, and the domestic household robotics business is the company's bread and butter. Let me say to begin with that I have owned a Roomba in the past, I like the company's products, and I think that over the long run the firm probably has a bright future ahead of it. I have very little doubt that robots are going to become more useful and user-friendly in the future and will probably impact all...

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