Is iRobot Stock a Buy?

Is iRobot Stock a Buy?

iRobot (NASDAQ: IRBT) burned a lot of investors back in 2019 when its stock price plunged nearly 40% amid slower sales of its cleaning robots and rising tariffs on Chinese goods. But in 2020, its stock price rebounded nearly 60% as its revenue growth rose through the pandemic, its margins stabilized, and it was granted an exception from tariffs through the end of the year.