Back to top

Image: Bigstock

Zacks Market Edge Highlights: Amazon, Alphabet, Microsoft, NVIDIA and Cloudera

Read MoreHide Full Article

For Immediate Release

Chicago, IL – February 14, 2018 – Zacks Market Edge is a podcast hosted weekly by cks Stock Strategist Tracey Ryniec. Every week, Tracey will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life. To listen to the podcast, click here:

Please use the Soundcloud link from this URL for the PR. Thanks: https://www.zacks.com/stock/news/354252/how-to-invest-in-the-internet-of-things-in-2019?art_rec=home-home-top_stories-ID07-txt-354252)

How to Invest in the Internet of Things in 2019

Welcome to Episode #166 of the Zacks Market Edge Podcast.

Every week, host and Zacks stock strategist, Tracey Ryniec, will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life.

In this episode, Tracey is joined by Zacks Senior Stock Strategist and the Editor of the TAZR and Healthcare Innovators newsletter, Kevin Cook, to discuss the developments in the Internet of Things (IoT).

Having smart devices in the home, workplace or the car is no longer a sci-fi fantasy. This year there is expected to be over 14 billion smart devices with that number expected to nearly double by 2021.

But some growing pains are developing along the way. In the Chicago suburbs, a family recently had its Nest cameras and thermostat hacked and saw a loss of privacy.

Are there security and privacy concerns facing the industry in the coming year?

Do you want the technology companies to know when you turn on those lights, light the stove, and what you re-order to stock your refrigerator every week?

For Investors: Is Big the Only Way to Get In?

If you want to invest in the Internet of Things, your options are somewhat limited.

Right now, the industry is dominated by the large technology names.

Amazon’s (AMZN - Free Report) Alexa and Echo and Alphabet’s (GOOGL - Free Report) Google Home may just be speakers to some consumers, but to others they are a connection to other devices in their home. They are the epicenter of the home smart technology.

Alphabet is also creating smart networks through its Nest thermostat system.

Microsoft (MSFT - Free Report) has pledged to spend $5 billion over the next 4 years on the Internet of Things and is already partnering with other, smaller companies in the space.

NVIDIA (NVDA - Free Report) , is, of course, one of the big chip makers that is driving the technology.

But if investors want to go smaller, then they should consider Cloudera , which is on the data and analytics side of the business.

What else should you know about investing in the Internet of Things in 2019?

Tune into this week’s podcast to find out.

[In full disclosure, the author of this article owns shares of AMZN and GOOGL in her personal portfolio.]

Looking for Stocks with Skyrocketing Upside?

Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.

Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.

See the pot trades we're targeting>>

Follow us on Twitter:  https://twitter.com/zacksresearch

Join us on Facebook:  https://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts

Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.

Media Contact

Zacks Investment Research

800-767-3771 ext. 9339

support@zacks.com

https://www.zacks.com/performance

Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.

Published in