iRobot: Too Rich For My Blood

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About: iRobot Corporation (IRBT)
by: Jeff Vande Hey
This article is exclusive for subscribers.
Jeff Vande Hey
Value, growth at reasonable price, contrarian, portfolio strategy
Summary

iRobot has experienced rapid growth over the past few years.

iRobot is currently a one-trick pony.

iRobot does have dominant market share.

Both growth and market share are likely  to decline in 2019.

With iRobot's lofty valuation, there are simply safer and better places to invest your money.

Recently, David Zanoni penned an article entitled, "iRobot (IRBT), Proving the Skeptics Wrong". Now, David is a good writer and very likely a good investor. However, as an ex-stockholder and an author who