On June 19, we sent an alert that we add a new company to our GeoBargain list, exactly one week after disclosing our long position in the stock. This decision came about a month after we noted that we were bringing the stock into the premium member funnel and right after an interview with the CEO of the company.Â Like another stock in theÂ telematics industryÂ that we are digging into, MiX Telematics Limited American (NYSE:MIXT), this company provides mobile resource management (MRM) hardware and cloud services.
Are your returns not what you expected in one of the most historic runs in stock market history? You are most likely not alone. Weâ€™ve had our share of ups and downs, moments of jubilation and disappointment. But today, we are purely focusing on what we feel is going to give us one of those moments of jubilation, where we see the potential of a stock to see returns that you probably have not seen in your portfolio too many times, if at all, depending on your strategy. We came across this story with our methodology of following SPACs and uncovering information before the rest of the market.
IoT – The Next Big Thing Just Keeps Getting Bigger GalleryAutomobiles & Parts, Consumer Goods, Education, GeoTeam Articles, Hot Research, Personal Goods, Sector News, Software & Computer Services, Spotlight Articles, Technology, Technology Hardware & Equipment
The Internet of Things, or IoT, is continuing to rapidly emerge as the next big thing with huge potential to positively impact stocks in certain industries.Â Some sources cite that â€œthe concept is expected to fuel a staggering $3 trillion market by 2020, just three short years from now.â€ Big caps like Intel Corporation (NMS:INTC), International Business Machines (NYSE:IBM)Â and QUALCOMM Incorporated (NMS:QCOM) are just a few Blue chip companies pouring billions into the space. On the smaller capitalized side,Â STMicroelectronicsÂ (NYSE:STM), a global semiconductor enabling smarter driving and smarter factories, cities and homes, along with the next generation of mobile and Internet of Things devices, has powered higher over the last year. We have been on the hunt for other stocks that are on the cusp of seeing their shares rise once the IoT industry is ready to go mainstream.Â And we finally found two stocks.