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Can the Stay-At-Home Trend Power iRobot Stock Even Higher?

Can the Stay-At-Home Trend Power iRobot Stock Even Higher?

You have to hand it to iRobot (NASDAQ: IRBT). The company has returned to form in 2020 and seemingly allayed fears that its margin and sales growth prospects were under threat due to intense pricing competition from rivals. The company's latest results were ahead of internal expectations and management gave an upbeat outlook for the second half.