“He’s funny when he gets annoyed,” my daughter said.
“He threw a tantrum!” my son claimed after winning a game of quick tap.
If you listen to my kids talk, you’d think they were talking about a friend or a pet.
The thing is, what they are talking about is one of the biggest and hottest trends in electronics… one that is about to become a big deal for stock market investors.
You see, my kids are talking about Cozmo, the little robot I managed to get them for Christmas.
Anki, the company that makes Cozmo, sold out of the robot before Christmas. It’s back in stock now, and my sources say that Cozmo continues to sell well even after the Christmas rush.
Cozmo has fascinated my kids since Christmas morning. They speak to it as if it were a real person, and they love the few games and skills that Cozmo comes ready to play.
But this is only the beginning for robots.
The Hot Item at CES
You’re going to hear a lot more about robots. The Consumer Electronics Show – or more commonly known as CES – is going on in Las Vegas.
In fact, robots are such a big deal at CES 2017 that all of Friday’s show is dedicated to these amazing machines.
You should keep up with what’s happening with robots because they are a critical component of the Internet of Things (IoT) revolution.
According to an IDC research report released yesterday, the IoT revolution is going to generate $1.7 trillion in economic value by 2020. In fact, last year was the biggest year for robot startups, with $1.95 billion spent on 128 companies.
As an investor, it’s critical for you to track new, cutting-edge robotics products like Cozmo because I believe many of the companies making these machines will go public in 2017, leading to incredible profits from their shares.
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.