9.73k 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||-0.62%||+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.||56.2289||-0.50||-0.88%||12:01 p.m. EDT||5.69M||15.91M||237.16B|
|SWKS||Skyworks Solutions, Inc.||171.64||-1.01||-0.58%||12:01 p.m. EDT||417.08k||1.43M||28.35B|
|UA||Under Armour, Inc.||18.73||+0.05||+0.27%||12:01 p.m. EDT||495.00k||3.23M||9.40B|
|AMBA||Ambarella, Inc.||160.23||-2.66||-1.63%||12:01 p.m. EDT||276.92k||543.44k||5.87B|
|SWIR||Sierra Wireless, Inc.||16.11||+0.09||+0.56%||12:00 p.m. EDT||76.41k||208.24k||599.16M|
|CAMP||CalAmp Corp.||10.11||-0.08||-0.79%||12:00 p.m. EDT||37.80k||158.06k||362.77M|
|NXP||Nuveen Select Tax-Free Income Portfolio||17.164||-0.06||-0.33%||11:32 a.m. EDT||9.83k||22.63k||284.83M|
Under Armour, RH and Nike stock were mixed Monday as Vietnam announced it was easing its strict Covid-19 restrictions, allowing factories to reopen.
The Canadian dollar was little changed against its U.S. counterpart on Monday, steadying after it notched its strongest level in nearly two weeks as oil prices rose and fears of widespread contagion from China Evergrande Group eased. Chinese authorities pumped more cash into the financial system to offset the fallout from real estate firm Evergrande's woes. The move was supportive of commodity-linked currencies such as the Canadian dollar, although gains were capped as U.S. bond yields climbed.
The outlook for CSCO stock depends on spending trends for cloud computing infrastructure as well as corporate and telecom networks amid the shift to remote work.