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iRobot Could Become a Giant in the Smart Home Market

irobot-could-become-a-giant-in-the-smart-home-market



You know iRobot’s (NASDAQ: IRBT) Roomba. Someday, you might know its robotic lawn mower. But that’s not all the manufacturer has to offer. In this week’s episode of Industry Focus: Consumer Goods, host Vincent Shen and Motley Fool contributor Asit Sharma dive into the company. iRobot has been partnering with the likes of Amazon (NASDAQ: AMZN) and Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) lately — turns out all that house mapping its been doing is pretty appealing for the smart home giants.

Meanwhile, iRobot’s flagship cleaners have been racking up great sales with consumers. But it’s not all sunshine on the horizon for iRobot. Upcoming tariffs could hit the company for as much as 25% on its vacuums. How does that affect iRobot’s medium and long-term picture? What risks should investors watch out for? Listen to the episode to find out more.
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Robert Dunfee

1 Comments

  1. OakhillSailor
    July 22, 2021 at 11:48 pm

    Man, you guys are really selling this. IRBT. I am gonna look at it.