Today I want to share my views with you on a new ad circulating from the Motley Fool Stock Advisor newsletter. Amusingly they talk about the Death of the Internet, as they move on to the Internet of Everything!
You might have heard about ‘The Internet of Things’ it’s a fascinating prediction that’s running the tech media rumor mills for decade now.
Some quotes from the Motley Fools ad:
Can’t-Miss Opportunity… Get in NOW on ‘The Internet of Everything’ …“ “Meaning tens of billions of regular ‘things’…“Sidewalks and cereal boxes…minivans and dress pants…the lawn mower in your shed and the pillows on your bed…“Will soon be connected together in an Internet of Everything….
David Garner has a reputation for picking great growth stocks, he goes on to reason that this stock could reward you an 89 times return on your investment by 2020— with a strong perception that it’s a play in a market that’s projected to grow a whopping $14.4 Trillion by the year 2020. Is it really going to happen if we follow his recommendation? Let’s analyse.
Before I go on let’s ponder over the Internet of Things (or IoT for short) it simply refers to equipping all the things around us with tiny identifying devices or machine-readable identifiers (RFID) by connecting them together via internet. This simply arms businesses, the ability to interact with objects remotely and establish inventory tracking based on needs so that they no longer run out of stock or over stock themselves.
And yes the technology has a bunch of fascinating miniscule promises for you, the device would automatically inform your wife that your heart beat is getting erratic, by syncing an app on your wrist band, or a hidden device planted on your car could track its location to a central domestic computer server.
I must tell you, there’s a going to be an explosion of connected devices around the globe, driven by businesses in a range of industries—and consumers, using cell phones and variety of connected consumer electronics.
The prophecy has been that- this technology could be integrated into the consumer economy on amazing levels, depending on how much a consumer could spend to enjoy the convenience of a gridded world for individuals networked to the gadgets and its applications they use in daily life.
So that was 1% explanation on Internet of Things.
I think you might have got an idea of what the technology could do for you, given the fact that wireless stuff and sensors have become quite low-cost now.
Getting back to the reason I am writing this, you might have been told that there’s one company at the forefront of this technology that could possibly hand you an 86% annualized return on your investment. Here are some more clues from his ad.
“WIRLESS MODULES: The ‘Copper Wiring’ of the InterWorld Era …
“… within every wireless module that this company sells lies the power for it to analyze what’s happening to the object it’s embedded in, and then transmit that data back to the appropriate destination.
“And considering that experts are projecting the number of wirelessly embedded devices to balloon from 1.5 billion to 50 billion by 2020, it’s a safe bet that the demand for these modules is going to be massive for years to come.”
It’s a unique characteristic of David Garner to pick growth stocks that has market analysts screaming on how expensive the stock is. And quite obviously he is touting a company involved in making The Internet of Things a reality.
So after all the foofaraw and the profit potential that’s there and a huge market to reckon, it’s very difficult to tell that there’s only one company that stands to benefit. I think it’s okay to disagree with David Garner on this.
There are a bunch of companies involved in making The Internet of Things a reality. Well, my guess is as good as yours. Let’s look for companies that are resolutely involved in making The Internet of Things a reality.
Here are some likely candidates, for the Motley Fool’s Internet of Things pitch, but do your own research.
If you have any of your own thoughts, please share with us by posting in the comment box below.
Disclosure: I don’t have any positions in any stocks mentioned herein, and no plans to initiate any in the near future as well.