Wednesday, May 14, 2008

Cramer Disses iRobot Again

That screaming genius Cramer says iRobot is still too risky and doesn't have staying power in this market. Although he did praise the company's products, but asked where's the dividend, where's the years of solid earnings growth, etc. (Hello, Cramer, it's an early-middle stage growth stock that is piling all of its earnings into growth -- Think Apple circa 1999.) Compared to a banks with megamortgage writedowns, iRobot has been a pretty good place to park your money for the past year, and seems to be one of the few companies still forecasting robust growth this year DESPITE a recession or near-recession. Let's hope that gets noticed. I'll note that Cramer loved iRobot near the IPO but quickly soured and has been dissing it ever since.

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