Category: Baystreet Newswire
Company: TDM Financial
Most people thought
In January, Google acquired the wireless "internet of things" company for a lofty
In this article, we'll take a look at three ways to invest in companies like Nest that are using wireless technologies to disrupt some very large industries.
Most people are familiar with how diabetes patients operate on a daily basis. After using a blood glucose meter to measure blood sugar levels, they may inject themselves with an insulin shot in order to stabilize the body's metabolism. Wireless technologies are starting to revolutionize markets like these by automating certain tasks that would otherwise require error-prone human intervention, such as giving insulin shots after a reading.
Johnson & Johnson's (NYSE: JNJ) OneTouch Ping is the first full feature insulin pump that wirelessly communicates with a blood glucose meter remote. Using the blood glucose meter alone, patients can opt to wirelessly deliver insulin doses without touching the pump at all, giving them more freedom, discretion and flexibility. The process also removes some of the potential for errors that can hamper the effectiveness of treatment.
Johnson & Johnson has also invested in other wireless technologies designed to revolutionize healthcare, such as Text4Baby where it is a founding partner. The first-ever free mobile health service provides timely and expert health information via SMS messages to pregnant women and new moms through a baby's first year. The service also connects women to local prenatal and infant care services and resources.
Wireless module makers like
The company's OEM wireless modules are incorporated into medical devices like wireless glucose meters or patient monitoring systems. Since its customers must obtain
Learn more about
Investors interested in capitalizing on the growth in wireless technologies within the healthcare space may want to consider companies like
Investing in the "Internet of Things"
Imagine that a factory has a series of robotic workers assembling car parts. Suddenly, one of the robots breaks down and the assembly line is halted. A nearby freelance field technician instantly gets a call outlining the exact nature of the problem. He drives to the factory where the replacement parts are all ready and waiting for installation. After just 15 minutes of downtime, everything is back up and running.
These scenarios are made possible by machine-to-machine ("M2M") communication. When the robot broke down, a wireless signal was sent to the technicians cell phone and the factory's parts warehouse, coordinating the repair without human intervention. A recent report called the M2M Bible projected that demand for these applications would drive the industry to reach
Sierra Wireless Inc. (NASDAQ: SWIR) provides wireless modems, mobile hotspots, wireless embedded modules, OEM software, intelligent wireless gateways and other products that form the backbone of the rapidly growing M2M industry. In 2012, the company generated nearly
Early last year, the company sold its AirCard assets to NetGear Inc. (NASDAQ: NTGR) in order to refocus on the M2M market and used the proceeds to acquire
Investors looking to buy into Sierra Wireless may want to look beyond the lofty P/E multiple to the P/B, P/S, and P/CF multiples that are well below the industry average. In addition to the strong growth, investors may have the opportunity to acquire the stock at a reasonable price at the moment.
Take Away Points to Remember
Wireless technologies are quickly revolutionizing a number of different sectors, including healthcare and the industrial sector. Investors that want to capitalize on these two sectors have many opportunities, ranging from
DisclosureExcept for the historical information presented herein, matters discussed in this release contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Emerging Growth LLC is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release. For making specific investment decisions, readers should seek their own advice. For full disclosure please visit: http://secfilings.com/Disclaimer.aspx
Most Popular Stories
- Dmytro Firtash, Ukrainian Billionaire, Arrested in Vienna
- Obama, Ukraine Discuss Russian Incursion in Crimea
- Obama's Overtime Initiative Praised, Condemned
- Republicans Warn Obama on Immigration
- Liberty Media Drops Sirius Bid
- West Readies Harsh Sanctions Against Russia
- Drake Wins Big MTV's Woodie Awards at SXSW
- Uli Hoeness, Bayern Munich President, Gets Prison for Tax Evasion
- Lady Gaga Roasts Self on Spit at SXSW
- Calumet Photo Files for Bankruptcy