Radio frequency identification (RFID) company Impinj (NASDAQ: PI) is up 108.4% so far in 2019 as the company has returned to growth mode after a couple years of downturn. The endpoint and asset tracking technology it employs is growing in use, and a world that is steadily becoming more connected should be a long-term boost for Impinj.
It's important to bear in mind, though, that Impinj is a manufacturer and will be subject to swings in supply and demand, as any product sales company is. That can make for a somewhat volatile stock that set-it-and-forget-it investors may not find appealing.
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Source Fool.com