Advertisement
U.S. markets close in 43 minutes
  • S&P 500

    5,261.21
    +12.72 (+0.24%)
     
  • Dow 30

    39,836.34
    +76.26 (+0.19%)
     
  • Nasdaq

    16,401.11
    +1.59 (+0.01%)
     
  • Russell 2000

    2,124.98
    +10.63 (+0.50%)
     
  • Crude Oil

    83.08
    +1.73 (+2.13%)
     
  • Gold

    2,241.80
    +29.10 (+1.32%)
     
  • Silver

    24.97
    +0.22 (+0.88%)
     
  • EUR/USD

    1.0790
    -0.0040 (-0.37%)
     
  • 10-Yr Bond

    4.2060
    +0.0100 (+0.24%)
     
  • GBP/USD

    1.2622
    -0.0016 (-0.13%)
     
  • USD/JPY

    151.4100
    +0.1640 (+0.11%)
     
  • Bitcoin USD

    70,752.59
    +1,936.36 (+2.81%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • FTSE 100

    7,952.62
    +20.64 (+0.26%)
     
  • Nikkei 225

    40,168.07
    -594.66 (-1.46%)
     

How to Invest in the Internet of Things in 2019

  • (1:00) - The Internet of Things: Should You Worry About Hacks?

  • (7:15) - The Big AI Push & Data Collection

  • (13:50) - Where To Find The Investing Opportunities

  • (26:00) - Episode Roundup: GOOGL, MSFT, AMZN, NVDA, IBM, GE, CLDR

  •                 Podcast@Zacks.com

Welcome to Episode #166 of the Zacks Market Edge Podcast.

Every week, host and Zacks stock strategist, Tracey Ryniec, will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life.

In this episode, Tracey is joined by Zacks Senior Stock Strategist and the Editor of the TAZR and Healthcare Innovators newsletter, Kevin Cook, to discuss the developments in the Internet of Things (IoT).

Having smart devices in the home, workplace or the car is no longer a sci-fi fantasy. This year there is expected to be over 14 billion smart devices with that number expected to nearly double by 2021.

But some growing pains are developing along the way. In the Chicago suburbs, a family recently had its Nest cameras and thermostat hacked and saw a loss of privacy.

Are there security and privacy concerns facing the industry in the coming year?

Do you want the technology companies to know when you turn on those lights, light the stove, and what you re-order to stock your refrigerator every week?

For Investors: Is Big the Only Way to Get In?

If you want to invest in the Internet of Things, your options are somewhat limited.

Right now, the industry is dominated by the large technology names.

Amazon’s AMZN Alexa and Echo and Alphabet’s GOOGL Google Home may just be speakers to some consumers, but to others they are a connection to other devices in their home. They are the epicenter of the home smart technology.

Alphabet is also creating smart networks through its Nest thermostat system.

Microsoft MSFT has pledged to spend $5 billion over the next 4 years on the Internet of Things and is already partnering with other, smaller companies in the space.

NVIDIA NVDA), is, of course, one of the big chip makers that is driving the technology.

But if investors want to go smaller, then they should consider Cloudera CLDR, which is on the data and analytics side of the business.

What else should you know about investing in the Internet of Things in 2019?

Tune into this week’s podcast to find out.

[In full disclosure, the author of this article owns shares of AMZN and GOOGL in her personal portfolio.]

Looking for Stocks with Skyrocketing Upside?

Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.

Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.

See the pot trades we're targeting>>


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Amazon.com, Inc. (AMZN) : Free Stock Analysis Report
 
Alphabet Inc. (GOOGL) : Free Stock Analysis Report
 
Microsoft Corporation (MSFT) : Free Stock Analysis Report
 
NVIDIA Corporation (NVDA) : Free Stock Analysis Report
 
Cloudera, Inc. (CLDR) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research

Advertisement