The Must-Have Tech Of 2017

One company that I’ve mentioned — Impinj, a maker of IoT sensors used in retail — had its initial public offering (IPO) on July 21 at $14 a share. The shares hit a post-IPO high of $41.91 recently, resulting in early investors raking in nearly 200% in about five months. Those are phenomenal gains in a few months that most investors never make in a lifetime!

Nutanix, another IoT IPO on September 30, priced at $16. The stock soared to a high of $46.78 in two days, delivering an unbelievable gain of 193%. Stunning gains for any investor!

The Must-Have Assistant

I believe these kinds of gains are just the tip of the iceberg for what’s coming in 2017. I’ve already told you to look for Anki, the maker of Cozmo, when it finally goes public.

Another robot company to watch for is Mayfield Robotics.

Mayfield makes Kuri, another consumer-friendly robot that’s featured at CES 2017.

This robot wanders around your home, acting as your personal assistant. Kuri can answer questions as well as monitor your pets, children or aged parents. It can help monitor your house and do things for you that would currently require a PC, smartphone or tablet using services such as Google, Skype, etc.

The key to Kuri’s adoption as a household robot is that it offers convenience and a new benefit — the ability to monitor people, pets and things you value when you’re not home.

Mayfield is selling Kuri for $699.

Profit From the Revolution

Now, Kuri and Cozmo are likely to be successes and could launch the companies that make them significantly higher once they start trading on the stock exchanges.

But the really massive robot opportunity in the IoT mega trend is in the use of machines in industry and business. That’s where I believe you’re going to find the Google-type winners in the stock market. Google has soared more than 1,500% since its IPO in 2004.

And in time, some of these IPOs will generate even bigger gains — like Cisco’s gain of 40,000% during the last tech boom.

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Paul Mampilly joined The Sovereign Society in 2016, and serves as Senior Editor specializing in helping Main Street Americans find wealth in growth investing, technology, small-cap stocks and special ...

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