How to Invest in Smart Home Technology
Greg Miller, Senior Analyst for Wall Street Daily: Over the past couple of weeks, we’ve discussed the promises and perils of the Smart Home, as well as why this segment is on the cusp ofbreaking into the mainstream. Naturally, it’s time to ask: “How can I profit from this?”
Unfortunately, there’s no easy answer. Ideally, there would be one or two tickers predicted to soar from the rising Smart Home trend, but there isn’t such a company out there yet. However, there are still ways to participate in the upcoming boom. It will require some creativity and careful investing, specifically in companies with small current exposure to the area. Here are some guidelines for investing in the Smart Home – and for avoiding expensive mistakes. Cont'd...
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