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IRBT iRobot Corp. +20.7%
Initiated 3/30/11 $32.30 - Target 7/30/11 $39.00
Closed $33.45 8/2/11 9:30 AM
Today $32.51
Made 3.6% Consider this Stock
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Francisco Logan
San Antonio
User since Jan 2010
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As new all-time highs are hit, this robotics player is still cheap

It's always hard to buy a company sitting at new 52-week-highs (depending on how you like to do things) but looking at the market cap of this military and consumer robot-maker, $840M as of this writing, it seems dirt cheap.  Plus it's clearly under the radar.  It could quickly make a move to 40 bucks.

It has a great reputation inside the military - with the Packbots and now the Small Unmanned Ground Vehicle (SUGV) this is a company whose products literally save lives.

With Iraq winding down, but Afghanistan still an ongoing conflict with massive resources dedicated to it, their products will continue to be in demand.  Their consumer division is not really a huge driver for my interest, but it's there, and could take off in the future.

The company's been around for a long time, and they're not hugely profitable.  But I think the valuation is off, their intellectual property alone would seem to be worth at least $1B.  Confidence 8.

 
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What People Are Saying...
Ian Hall said at 3/31/11 10:30 AM
Great article image...I like this stock and have been meaning to jump in for a coverage, but have been dissuaded by my own poor robotics pick -- ADEP -- which is finally starting to show some signs of life. May be time to join in on this one?
Brantley Foster said at 4/13/11 10:34 AM
iRobot up over 10% today on a new $230M deal with the US Navy

http://www.reuters.com/article/2011/04/12/irobot-idUSN1220632720110412
Josh Warner-Burke said at 5/5/11 4:32 PM
The strong action today on a weak market day has me wondering if some news or rumor not publicly available is out there. Or maybe Bin Laden's death has people thinking about a drawdown in forces which leads us to more robotics spending.
IRBT $32.51 -1.03 (-1.2%)
 
 
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