Ubiquiti: An Under-the-Radar Technology Disruptor
The growth of the internet has gone on unabated for nearly three decades. Companies that sell the hardware that forms the backbone of the internet, called networking infrastructure, have seen a consistent rise in demand. One underfollowed stock in this space is Ubiquiti (NYSE: UI). Founded back in 2003 by an ex-Apple engineer, the company is trying to disrupt and displace some of the legacy infrastructure providers like Cisco Systems (NASDAQ: CSCO).
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The networking infrastructure market has many different niches, and Ubiquiti operates in a few of them. One is Wi-Fi hardware. Its UniFi product line sells high-quality equipment that enables people and businesses to access wireless internet services.
Source Fool.com
