3 Internet of Things Stocks to Buy Now
Artificial intelligence, augmented reality, driverless cars, and myriad other tech trends fill up the news feeds these days. But there's a more subtle tech transformation that's happening right now that's actually making many of these technologies a reality (or, at least helping them grow).
I'm talking about the Internet of Things (or IoT), which is the connection of formerly unconnected things to the internet. A thermostat that connects to your home's Wi-Fi is an IoT device, as are internet-connected semi-autonomous vehicles, smartwatches, and smart-home speakers.
All of these devices -- and the services connected to them -- have created a nearly $2 trillion market this year, and they're just getting started. By 2020 there will be nearly 20 billion things connected to the internet, with a total market size of about $3 trillion, according to research firm Gartner.
Source: Fool.com
Alphabet Inc. A Stock
The stock is an absolute favorite of our community with 82 Buy predictions and no Sell predictions.
As a result the target price of 167 € shows a slightly positive potential of 2.86% compared to the current price of 162.36 € for Alphabet Inc. A.
