Billionaire Jim Chanos’ Top 5 Stock Picks

4. iRobot Corporation (IRBT)

Chanos had a $4.7 million in IRBT put options at the end of September. iRobot Corporation is a technology company that develops and engineers consumer robots that aim to make a better world by innovating technologies that help people do things in a more convenient way.

IRBT was known for its flagship, ‘Roomba’, a robotic vacuum cleaner that sold over a million units in 2004.

The Industrial Automation and Robotics industry, where IRBT belongs, is part of the Industrial Products sector. The company has a market cap of $2,360,446,205 and a P/E Ratio of 3.02. iRobot Corp had an annual average EBITDA growth of 18.00% over the past ten years. Chanos is probably shorting IRBT but other hedge funds are actually betting on the stock as IRBT made our list of the 10 best robotics and AI stocks to buy.

Follow Irobot Corp (NASDAQ:IRBT)