This IoT Play Is Getting Hot Once Again
Sierra Wireless (NASDAQ: SWIR) was a hot Internet of Things (IoT) play a few years ago, delivering impressive double-digit revenue growth and setting the stock market on fire thanks to its laser-like focus on a nascent but fast-growing market. As a pure-play IoT company, Sierra looked all set to switch into a higher gear in 2017 as it struck partnerships with notable companies such as Volkswagen. Sierra Wireless has given investors a few reasons to cheer of late.