iRobot's stock has underperformed the market since its 2005 IPO. Investors are hoping things turn around, however, as the company builds on its existing cleaning and military robotic technology and branches into new products -- such as the RP-VITA, now cleared for use in hospitals.
Motley Fool analyst Rex Moore met with iRobot at the recent Consumer Electronics Show in Las Vegas and asked about future growth areas for the company.
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The article Where Is iRobot Navigating Next? originally appeared on Fool.com.
Rex Moore has no position in any stocks mentioned. The Motley Fool recommends iRobot. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.