Is This the Best Internet of Things Stock?
Every day, Wall Street analysts upgrade some stocks, downgrade others, and "initiate coverage" on a few more. But do these analysts even know what they're talking about? Today, we're taking one high-profile Wall Street pick and putting it under the microscope...
Internet of Things stocks are a hot commodity in investing these days. By connecting everyday appliances ranging from light bulbs to refrigerators to alarm clocks to... everything else, IoT promises to make the entire world more interconnected, more efficient, and a whole lot smarter. But which stock is the best one to buy to profit from the Internet of Things revolution?
RBC Capital thinks it knows. Now here's what you need to know.
Source: Fool.com
Synopsys Inc. Stock
With 33 Buy predictions and not a single Sell prediction Synopsys Inc. is an absolute favorite of our community.
With a target price of 587 € there is a slightly positive potential of 16.61% for Synopsys Inc. compared to the current price of 503.4 €.