iRobot (IRBT) Stock Research Report
August 8th, 2021
Quick Stock Overview
Ticker: IRBT
Source: www.stockrover.com
Key Data
Sector: Technology
Sales ($M): 1,541
Industry: Consumer electronics
Net Cash per share: 15.42
Market Capitalization ($M): 2,503
Equity per share: $29.33
Employees: 1,267
Debt / Equity: 0.1
Investment Thesis
The Rising Tide of Automation
One big investment theme of the 2020s will be automation. There is no shortage of sensational headlines about the marvels or devastation that robots and automation will bring to the world economy. Millions labor jobs have already been decimated by robots, and millions more will be replaced in the future.
Source: www.cnbc.com
Source: www.forbes.com
But really, any discussion about automation in any form could do. It can be autonomous cars taking jobs from tens of millions of trucks, taxi and Uber drivers. From people-less factory, (like this in this pretty amazing compilation of videos),automation of clerical tasks in offices, or cashier-less supermarkets, it seems not one job category is safe from the imminent army of robots coming to destroy jobs.
This topic will usually drift to the political, with discussions about capitalism, tech monopolies, Universal Basic Income (UBI), and so on. Everyone will have an opinion, debate heatedly and no one will agree at the end.
All in all, this is a topic where someone can choose to be enthusiastic or pessimistic, but it’s always controversial. And not very fun to think about.
Or is it?