The name of any airline or car mfg will do the trick.
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Saw this posted on another HC forum..
Internet of Things?
Stock You've Never Heard of Just Rose 500%
Gabrielle Coppola
October 11, 2015
A little-known stock listed in London has become a trade of choice for investors looking to profit from the
technological megatrend known as the Internet of Things.
Telit Communications Plc, which sells hardware that lets everything from vending machines to rental cars transmit data wirelessly, has surged almost sixfold since the end of 2012. This year alone, shares of the company rallied 37 percent through Oct. 9, far outpacing its main industry rivals.
The Internet of Things -- tech speak for the proliferation of connectivity and electronic functionality in everyday items -- will generate hundreds of billions of dollars in revenue in coming years, analysts say. Among the countless companies seeking to profit from it, Telit -- founded in Israel in 1986 -- has emerged as a standout.
Chief Executive Officer Oozi Cats is trying to boost profit margins by expanding into the more lucrative business of collecting and analyzing the data sent by those “smart” machines.
He’s also made acquisitions to position Telit as a supplier for Internet-connected cars, one of the fastest-growing areas, according to technology research firm Gartner Inc.
Ankle-Biters
“The world is festooned and swimming with small, ankle-biter companies,” said Eric Goodness, a Boston-based analyst at Gartner.
“There are very few companies that can say they’ve been around a long time in the legacy manufacturing and industrial community, yet are able to play in the
very dynamic IoT market.”
Telit began as a research and development shop for international telecommunications companies. It went public in London in 2005, primarily as a maker of machine-to-machine wireless gear.
As costs fell and wireless bandwidth became more available, Telit broadened its ambitions. It has 22 subsidiaries today, and its products collect, transmit and analyze operational data for companies in at least nine different industries, from health care to security, according to an investor presentation...
Intelligent, Elegant
“Telit is playing the data aggregator,” Cats, the CEO, said in a telephone interview. He owns 20 percent of the company.
“We are the most intelligent and elegant way to actually take data from those edge devices and to deliver” it to companies’ management software.....
http://www.bloomberg.com/news/artic...gs-stock-you-ve-never-of-heard-just-rose-500-
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