Stocks Fueling the Internet of Things
9.56k followers • 8 symbols Watchlist by The Motley Fool
The next wave of the Internet is already underway – here are seven companies poised to power this digital revolution.
Curated by The Motley Fool
The internet is undeniably the most important innovation in recent history – it has enabled an open exchange of information and ideas, created a new age in commerce, and brought together people across the globe. But the Internet's connective capabilities don't end with people. The next wave of the Internet is already underway, and it is taking devices and putting them on the grid. This "Internet of Things" is taking everyday items and enabling them to communicate with each other, leading to real-time analytics, more efficient operations, and predictive capabilities. Of course, we need sensors, communication infrastructure, and software solutions to collect, communicate and decipher it all. All told, some experts think IoT will have an annual economic impact of over $6 billion by 2025. Here are seven companies that are poised to power this digital revolution.
How did we choose these stocks?Each of these Internet of Things-related stocks is an active recommendation of a Motley Fool premium investing service as of 8/31/2016.
Who made these selections?The Motley Fool is dedicated to helping the world invest — better. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, mutual funds, and premium investing services.
How are these weighted?This watchlist consists of equally weighted stocks.
Performance
| Watchlist | Change today | 1-month return | 1-year return | Total return |
|---|---|---|---|---|
| Stocks Fueling the Internet of Things | -1.51% | +59.97% | -23.80% | -15.48% |
| ^GSPC | -0.47% | +2.58% | +36.76% | +4632.75% |
8 symbols
| Symbol | Company name | Last price | Change | % change | Market time | Volume | Avg vol (3-month) | Market cap |
|---|---|---|---|---|---|---|---|---|
| CSCO | Cisco Systems, Inc. | 55.28 | -0.19 | -0.34% | 4:00 pm GMT-4 | 14.74M | 18.18M | 232.96B |
| SWKS | Skyworks Solutions, Inc. | 188.16 | -4.63 | -2.40% | 4:00 pm GMT-4 | 1.89M | 1.75M | 31.06B |
| UA | Under Armour, Inc. | 17.56 | -0.25 | -1.40% | 4:03 pm GMT-4 | 1.45M | 3.48M | 8.61B |
| AMBA | Ambarella, Inc. | 91.4 | -3.64 | -3.83% | 4:00 pm GMT-4 | 278.20k | 419.65k | 3.32B |
| SWIR | Sierra Wireless, Inc. | 18.63 | -0.26 | -1.38% | 4:00 pm GMT-4 | 160.66k | 202.45k | 687.29M |
| CAMP | CalAmp Corp. | 12.03 | -0.01 | -0.08% | 4:00 pm GMT-4 | 140.67k | 225.67k | 424.49M |
| NXP | Nuveen Select Tax-Free Income Portfolio | 17.39 | +0.05 | +0.29% | 4:00 pm GMT-4 | 26.45k | 23.00k | 288.49M |
- TipRanks
Semiconductor Companies Looking to 5G for Upside
Just because a chip shortage exists, one should not negate all semiconductor companies and ignore their potential upsides. 5G innovations and capabilities are expanding into the internet of things (IoT), and the technology is highly coveted by consumers. Smartphone producers are dependent on the chips, and are poised to only continue expanding supply to meet a massive consumer demand. (See 5G stock comparisons on TipRanks) Kevin Cassidy of Rosenblatt Securities reported on four firms central to
- PR Newswire
Silicon Labs Announces Record Revenue for Second Quarter 2021
Silicon Labs (NASDAQ: SLAB), a leader in secure, intelligent wireless technology for a more connected world, reported strong financial results for the second quarter, which ended July 3, 2021. Revenue exceeded the top of the guidance range at $278 million, and revenue from the Internet of Things business (IoT) ended at a record high of $169 million, up seven percent sequentially and 48 percent year-on-year. Second quarter GAAP and non-GAAP diluted earnings per share (EPS) were $0.44 and $1.05, r
- FX Empire
AUD/USD and NZD/USD Fundamental Daily Forecast – Australian CPI Spikes in Q2, but Core Inflation Subdued
Traders showed little reaction to the inflation news because the jump in prices has already been overtaken by events such as coronavirus lockdowns.
