iRobot Corp. (Nasdaq: IRBT
) made the right decision.
And the Pentagon just proved it.
The small-cap robotics leader knows only too well it needs to increase its private sector sales as America works to cut defense spending
That's why iRobot Corp. has reorganized to target the health care, retail and security industries.
For investors, the timing couldn't be better.
After all, the Defense Department has announced several new robotics breakthroughs in recent days.
This shows the U.S. military is still completely committed to using robots to win the War of the Future
But now that American troops have left Iraq, the Pentagon's top brass is pinching pennies like never before.
And yet...it has new robots
to brag about.
In a moment, I'll tell you all about them. But first...
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