|Bid||0.00 x 1200|
|Ask||0.00 x 800|
|Day's Range||48.93 - 50.30|
|52 Week Range||21.81 - 79.05|
|Beta (5Y Monthly)||2.33|
|PE Ratio (TTM)||N/A|
|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).
Impinj (PI) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Some Impinj, Inc. ( NASDAQ:PI ) shareholders are probably rather concerned to see the share price fall 36% over the...