With iRobot Near All-Time Highs, Time to Sell?

With shares of iRobot (NASDAQ: IRBT  ) having nearly doubled so far in 2013, some investors are wondering whether it might be time to take profits in the relatively small robot maker.

But it's seldom a good idea to sell a stock simply because the price has gone up, reminds Fool contributor Steve Symington in the following interview with the Fool's Alison Southwick. Instead, Steve says, it would take a much more significant underlying issue with iRobot's business to get him to think about parting with his shares.

What do you think? Would it be a bad idea for long-term investors to sell shares of iRobot now? Please watch the video below to get Steve's full take, then chime in using the comments section below.

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Comments from our Foolish Readers

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  • Report this Comment On July 18, 2013, at 2:05 AM, 110254545yy wrote:

    IRBT is a great company, but it RIDICULOUSLY OVERPRICED at current $40s level.

    A fair haircut is needed . No immediate catalyst to warrant anyone buying it unless they plan to run that risk of hair cut and go long

  • Report this Comment On July 19, 2013, at 11:18 AM, LeoncSATX88 wrote:

    IRBT is at a high and will probably have several more dips. But I do not believe the real value is on retail side. I believe that the wholesale of the maneuverability side of the robotic equation will be the real value builder. The AVA is a sales tool but it does highlight the point that IRobot knows how to get around a lot better than anybody else on the market.

    Regards

    Geezer873

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