I recently read a SeekingAlpha article on IROBOT (link attached below). The author mentions the reviews on Amazon about the positive feedback on IRobot's new product. At first, this "indicator" could easily be overlooked, but a product that is loved as much as theirs is usually a strong indicator of future success.
See link for reviews on their product: www.amazon.com/...=nb_sb_ss_c_0_6?url=search...
Here's a solid argument defending the fundamentals of the company:
seekingalpha.com/art...ak-out-to-the-upside
See link for reviews on their product: www.amazon.com/...=nb_sb_ss_c_0_6?url=search...
Here's a solid argument defending the fundamentals of the company:
seekingalpha.com/art...ak-out-to-the-upside
Comment:
This is a cautious hold.
Comment:
Nearly 100% return and still no reason to sell yet. Price settling at the upper bound of the trend line.
