7.27k 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.
|Watchlist||Change Today||1 Month Return||1 Year Return||Total Return|
|Stocks Fueling the Internet of Things||+0.08%||+59.97%||-23.80%||-15.48%|
|Symbol||Company Name||Last Price||Change||% Change||Market Time||Volume||Avg Vol (3 month)||Market Cap|
|CSCO||Cisco Systems, Inc.||39.81||-0.56||-1.39%||4:00 p.m. EDT||44.45M||23.25M||168.53B|
|SWKS||Skyworks Solutions, Inc.||136.01||-2.35||-1.70%||4:00 p.m. EDT||2.42M||1.80M||22.72B|
|UA||Under Armour, Inc.||10.06||-0.38||-3.64%||4:05 p.m. EDT||6.65M||5.60M||4.90B|
|AMBA||Ambarella, Inc.||53.03||+0.84||+1.61%||4:00 p.m. EDT||960.35k||561.70k||1.84B|
|SWIR||Sierra Wireless, Inc.||10.58||+0.44||+4.34%||4:00 p.m. EDT||181.21k||275.09k||384.22M|
|CAMP||CalAmp Corp.||8.745||+0.28||+3.37%||4:00 p.m. EDT||632.85k||286.92k||314.81M|
|NXP||Nuveen Select Tax-Free Income Portfolio||16.65||-0.04||-0.24%||4:00 p.m. EDT||9.19k||31.90k||276.02M|
It comes after US president Donald Trump, imposed curbs on Huawei and additional tariffs on Chinese goods.
Cisco Systems (NASDAQ: CSCO) was one of the hottest tech stocks of the dot-com boom. Although Cisco recovered some of its lost value and later became a component of the Dow Jones Industrial Average, it still trades at about half its 2000 high point. Now the question is whether these moves boost Cisco stock over the next five years and possibly make it a hot stock again.
The Canadian dollar weakened against its U.S. counterpart on Friday as a sell-off in technology shares weighed on investor sentiment and domestic data showed a drop in underlying retail sales, with the loonie falling for the second straight week. The Canadian currency <CAD=> was trading 0.2% lower at 1.3193 to the greenback, or 75.80 U.S. cents, having traded in a range of 1.3137 to 1.3208. "I think it is just a reflection of broad market risk," said Bipan Rai, North America head of FX strategy at CIBC Capital Markets.