The Rise of the Robots

Thursday, 12 Apr 2012 | 5:41 PM ET

The Fast Money traders always keep an ear to the ground looking for the next big thing. According to the latest chatter, it could be ‘Ava’ from iRobot.

You’ve’ probably seen the company’s “Roomba”. It's a hands-free vacuum that will clean your floors with the push of a button. There’s one that can mop, too.

But now iRobot has taken the technology to the next level with an “app ready” robot that runs off your tablet.

Is ‘Ava’ an early stage development in a massive new trend? Get all the details from Colin Angle, the CEO of iRobot. Watch the video now!

Next Big Thing: Arrival of the Robots
Colin Angle, iRobot Corp. CEO, discusses recent advances in "app ready" robot services for health care, retail, and the security industry. Also, the outlook for domestic and international growth, with the Fast Money traders.

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Trader disclosure: On Apr 12, 2012, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders; Keith Mccullough is long GLD; Keith Mccullough is long XLU; Keith Mccullough is long XLF; Mike Murphy is long AKS; Mike Murphy is long MS; Mike Murphy is long INTC; Mike Murphy is long ANF; Mike Murphy is long FCX; Mike Murphy is long PHM; Karen Finerman is long AAPL; Karen Finerman is short AAPL CALLS; Karen Finerman is long BAC; Karen Finerman is long JPM; Karen Finerman is long WMT; Karen Finerman is long TGT; Karen Finerman is long RIMM; Karen Finerman is long HPQ; Karen Finerman is short SPY; Karen Finerman is short IWM; Karen Finerman is short MDY; Jon Najarian is long call spreads in AAPL; Jon Najarian is long call spreads in JPM; Jon Najarian is long call spreads in GDX; Jon Najarian is long call spreads in XLF; Jon Najarian is long call spreads in INTC; Jon Najarian is long call spreads in IBM; Jon Najarian is long call spreads in HFC; Jon Najarian is long call spreads in WNR; Jon Najarian is long call spreads in SBUX; Jon Najarian is long call spreads in FCX; Jon Najarian is long SD SEP 8 CALLS; Jon Najarian is long call spreads in UPS; Jon Najarian is long CIGX; Jon Najarian is long CME; Jon Najarian is long CBOE

Colin Gillis
Nothing to disclose

Steven Wieting
Analysts' compensation is determined based upon activities and services intended to benefit the investor clients of Citigroup Global Markets Inc. and its affiliates ("the Firm"). Like all Firm employees, analysts receive compensation that is impacted by overall firm profitability which includes investment banking revenues.

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