irobot makes consumer robots. they're the guys behind the rumba robotic and robotic map the school bus which preps, washes, scrubs, squeegies every hard surface and robots that clean your pool and gutters respectively. remember "breaking bad" in jesse's post-party living room. that's the rumba. about 90% of irobots hoemts robotics products. the company sold over 10 million since 20026789 i am still using one of those old vacuums when i vacuum my house. all right. okay. maybe not lately. the other 10% of irobot business is defenseless security. here they make small robots from reconnaissance to under surveillance to destroying bombs and ieds. we're in the process of patroling afghanistan. irobot scaled back to the defense business. it should stablize this year. it's one of the reasons the stocks got hit. meanwhile, irobot is in the process of moving into new end markets. it has health care, them le medicine, they saw doctors from around the world to observe and diamondback knows patients. it's a cost safer the robo

irobot rebounded like crazy the very next day.le went through the quarter they realized it wasn't as bad as it first appeared with the home robotics division doing pretty darn well when you look beyond the headline numbers. that's called de-risking and i love the de-risking of a stock. and then 28% revenue growth in fourth quarter. and if management can deliver on those numbers and i believe they can, then this stock is well worth owning. irobot does look expensive, however the company has over $5 in cash, that's not bad, that's net cash. when you back out the cash the stock is only selling 27 times earnings which is more reasonable given the fact they should be able to grow revenues in the mid to high teens. i don't want you to get carried away by the hype surrounding robots, irobot is not necessarily a revolutionary company, but i think the stock is worth buying for speculation as well as you're careful and brian in maryland, you've got horse sense. can i go to mike in virginia, please? >> caller: i want to hear your thinks on -

another thing now irobot all about home robotic division.mpany came out with a new roomba model. the roomba 800, an entirely 50% more efficient cleaning system and less maintenance and a floor mopping robot because it's been such a strong seller. they just released in brava, and the company has a very strong intellectual company portfolio and on top of that there's not a ton of competition and irobot has the best brand recognition in the space. the last time the company reported in october the results were not so hot. they come in two cents better than expected but the revenues were weaker than anticipated and irobot's guidance for the fourth quarter was below what wall street was looking for. that's bad, right? stock got clobbered 4%. but you know what happened? i robot rebounded like crazy the very next day. prallying 8% because as people went through the quarter they realized it wasn't as bad as it first appeared with the home robotics division doing pretty darn well when you look beyond the headline numbers. that's called derisking and i

i will start at irobot, the pioneering company at the head of it all. >> it has a very mars rover quality>> i will meet baxter, whose goal it is to bring american jobs back from overseas. >> i will visit harvest automation, where they develop robots to do the back-breaking work no one wants to do. >> "bloomberg brink" --

>> i think the trade is irobot. they're moving into the consumer area.is your game-changing event. when they bought boston machines, i believe it was, google is one of those companies when they come into a sector, they completely transform the sector. that's why you want to be -- >> why would you buy irobot, which makes the roomba, the vacuum cleaner that goes around by itself. like that. why not by a manufacturer that's going to see the benefits? >> well, so, my bet here is that either somebody else is going to want this robot type of technology, if you will. and/or, when they start to get more to the consumer, the valuations are going to change on this. >> if we could go back to the chart for a second. >> go back to the cat video. >> we can go back to the cat after. but let's look at the chart. we saw that big, structural generational change. but the last few years, we've seen manufacturing jobs increase. simultaneous with a hyperbolic increase in the machines. could we be at a generational bottom of manufacturing jobs instead? >> we could be. we're st

there's been huge winners in these types of things. irobot, sirius. you have to love the story.t going to be a cheap stock for a long time. they have to keep investing to stay ahead of the curve. that being said, i love what they're doing product-wise. i think we all could use this service. and we're all going to love it once it's on every plane. if you want to be an investor, i don't think there's anything wrong with it. >> the service is undeniable. but when a competitor steps in -- >> it's expensive to do that, though. not everybody wants to go the distance with a company that has a couple years' head start and is willing to go the distance. >> it's lost on me. i sleep on planes. you want to be in the airlines, be in the airlines that we've talked about for months. on a benign tape today, look at the move in the airlines. these stocks are casino bets, which may pan out. but the airlines are in the sweet spot. >> you sleep after your snack. more nuts. you have your warm nuts. >> on planes? nothing like it. >> not on an airplane. handful of stocks falling on weak guidance. mary

these, irobot, up seven percent.he company that makes the roomba, they've a new one that scrubs the floor, the scuba . who has nothe guy idea what a sliver is -- swiffer is. >> number five is apple, down .5%. $10 million were spent in its app store last year. the top cap was mine for -- cap was my graft, angry birds star it cost me like seven dollars, but i paid for it. >> number four is netflix, falling five percent, morgan stanley cut the rating on competition in the u.s. based on products like amazon prime. facebook is up more than one percent today, they recommend purchasing the stocks in the fourth quarter results with a likely solid quarter, firing on all cylinders when it comes to monetization. we know what that means. [closing bell] stock, elier two lilly, down half of one percent, losing patent protection on cymbalta, its best-selling drug, last month, leading to predictions that revenue will decline to its lowest level. >> i heard the bell, our number one stock of the day, down one percent. the bank has agr

we have got irobot, the company best known for the roomba vacuum is using a new scrubbing system withot to try that. >> i know. in north america starting today. >> i am trying to get my head wrapped around that. number two, the drugmaker forecasts a drop in 2014 profit and reduce in sales outlet because of generic competition. the company lost 10 protection on a best-selling drug used to treat depression. >> number one, samsung. the largest maker of smart phones and televisions posted its first profit decline in nine quarters. samsung being pressured by companies like apple while at the low end, the competition out of taiwan and china, they are hurting the pricing for samsung phones. jpmorgan is paying the fine of $1.7 billion to resolve the claims in the bernie made a ponzi scheme. eric chester has more on the story. >> the news is just breaking but everybody knows this settlement has been coming for several weeks. we reported back in december that jpmorgan was headed toward a settlement of about $2 million -- of about $2 billion. the bank failed to preserve -- observed the privacy a

this clip from the futuristic movie "irobot" stars will smith, but how far in the future are we talkingsomething else if he doesn't want to actively drive. >> this prototype was at the consumer electronics show in vegas last week. the state of california is taking aggressive steps to get driverless cars on the streets as early as this spring for testing. i don't know, it still makes me nervous. >> me, too. i was a little freaked out when i first saw it in that movie. to think there are states now lobbying to get these -- get permission to have driverless automobiles on the roads. i'm not ready for that. >> we know how our computers mess up. >> that's true. >> what happens when the car messes up? although some people say, drivers aren't exactly the safest drivers. >> that's true. maybe we should depend on the computers. >>> let's talk about new jersey where the heat is on because some of governor chris christie's closest aides have now been issued subpoenas in the ongoing bridge scandal. coming up the latest as he heads to florida for a big gop fund-raiser. >> plus, who's in and out? we'