Looks like RP-Vita is gaining traction and if iRobot's autodrive can perform safely and efficiently in the highly critical hospital environment, then it can function in just about any workplace.
The applications are nearly endless. The total-addressable-market is in the hundreds of billions. It's like the second coming of the wheel. They'll be a ton of competition, but iRobot does have brand recognition, an iconic CEO with over 20 years experience (and he's still young!), and a large patent portfolio.
I agree with your multi-year run theory.
YES! And their robot is the FIRST FDA approved and first being used in the hospital! I wokr in a clinic and they have been aiming for tele-medicine for a while. I am not surprise to see if this is something that will happen in my work force one day! Very high potential!!! IRBT will exceed its ALL TIME 52 week high! Which was around $38/share.
Sentiment: Strong Buy