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.