The Internet of Things (IoT) refers to connected technology and devices that can communicate between themselves and the cloud. An example is a smart home device communicating to a home’s thermostat to adjust the temperature.
IoT is expected to assist with being more energy efficient, optimizing supply chains and better managing inventory levels. The advent of artificial intelligence (AI) is expected to accelerate and advance the adoption of IoT.
So, let’s delve into three IoT stocks that could grow your wealth.
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