Below, please find a video covering iRobot, a mid-cap growth company held in some client accounts.
Besides the investment opportunity, it is an interesting story about how robots are impacting the economy.
One of the factors impacting the lackluster employment data is that automation of manufacturing leads to more output with less labor.
In the interest of full disclosure, iRobot is held in client accounts and personal accounts of Andy Hill, plus we use a iRobot product to clean the carpet in our office.
If I were a college student today, I would be sure to study robotics to avoid being replaced by one.
Andrew D.W. Hill, CFA
President & Co-founder
Andrew Hill Investment Advisors, Inc.
4081 Tamiami Trail North, Suite C-105
Naples, FL 34103
Direct Dial: 239-777-3188
Visit us on the web: www.responsibleadvisors.com