A major technological paradigm shift has fundamentally changed how the world around us operates. A few centuries ago, this would have been the industrial revolution, and today change has been dominated by innovative technologies like the Internet of Things (IoT).
While the opportunity to reap the impressive financial gains provided by the Industrial Revolution is long gone, there is still plenty of time to capitalize on the growth of IoT. Our smart devices are now increasingly interconnected, and the value of IoT-related companies is likely to increase.
From healthcare to manufacturing, the Internet of Things is set to change how entire industries operate fundamentally. Now is the perfect time to learn more about the impact of IoT and how you can leverage it to increase your own financial gain.
Just What Is IoT? Why Does It Matter?
The Internet of Things has come to be as the extension of internet connectivity to physical devices everyday objects. In other words, IoT represents the expansion of modern computing technologies past the traditional laptop or desktop and into the vehicles and sensors of the future.
The Internet of Things represents a fundamental shift in how society interacts with technology, as now (and more so in the future) almost every device will be connected to the internet in some way, shape, or form. In short, IoT matters because it has the potential to change how our world functions.
How Is IoT Changing Investing?
At this point, you are probably asking yourself questions like, “Can the connectivity provided by IoT technology actually lead to superior gains in the market?”. While it’s hard to directly answer this question without wading into the world of investment advice, some trends are starting to become apparent.
For one, many industries (ranging from healthcare to energy) are starting to make the Internet of Things a cornerstone of their business models. We have already seen the impressive impact that IoT has had on the and expect this trend to continue developing across a variety of.
Best IoT Stocks for 2019
With a clear understanding of what IoT has to offer, it’s time to unveil the top IoT stock for 2019:
CAP-XX LTD (CPX)
is one of the leading firms in the super-capacitors space. This may sound like its unrelated to IoT, but such electronic components may actually enable the explosive growth of IoT to continue. Thanks to their unique properties, Super-capacitors enable power solutions that help make advanced IoT technology possible.
LightWaveRF PLC (LWRF)
has developed a unique (and most importantly, proprietary) IoT platform that assists customers in better integrating this tech into their smart homes. As the first company to provide an all-in-one IoT app solution, they’ve gotten off to a great start. More importantly, LWRF appears poised to continue its growth as they partner with popular brands such as Amazon Alexa and Google Nest.
Tern PLC (TERN)
specializes in the development of software for the cloud, Internet of things, and traditional mobile devices. With numerous business holdings, some of which are industry leaders in the field of IoT security, TERN is playing an important role in improving the future of IoT systems. As cybersecurity continues to be a pressing issue, investing in IoT security looks to be a great choice.
Ilika PLC (IKA)
Similar to CPX, this company specializes in electronic components that play a crucial role in IoT devices. Specifically, creates industry-leading solid-state batteries that are uniquely capable of meeting the demands of IoT technology. From smart homes to the medical and transportation sectors, IKA batteries are powering the powering of IoT behind-the-scenes.
Clearly, there are a number of great IoT stocks out there. While these picks are our favorite, we encourage you to do your own research and due diligence before investing. Here’s to the continued growth of IoT and the market, together!
By David Corne
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