|Bid||0.00 x N/A|
|Ask||0.00 x N/A|
|Day's range||16.57 - 16.57|
|52-week range||16.57 - 16.57|
|Beta (5Y monthly)||1.96|
|PE ratio (TTM)||N/A|
|Earnings date||13 May 2021|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
The Internet of Things (IoT) connects billions of devices -- including cars, wearables, cameras, and industrial machines -- to each other and the cloud. The global IoT market is projected to grow from $381.3 billion this year to $1.85 trillion in 2028, according to Fortune Business Insights, as more devices come online. To profit from that growth, investors should consider buying these three IoT stocks: Impinj (NASDAQ: PI), Skyworks Solutions (NASDAQ: SWKS), and Sierra Wireless (NASDAQ: SWIR).
Octave solution enables company to launch in less than five months a ground-breaking water quality analyzer for accurate, real-time information
Sierra Wireless (NASDAQ: SWIR) was once a hot play on the booming Internet of Things (IoT) market before it lost its way a couple of years ago. Sierra recently delivered better-than-expected results for the first quarter and threw light on a few trends that indicate it is all set for a turnaround. Let's take a closer look at the reasons why Sierra Wireless looks primed for a comeback.