The Internet of Things (IoT) Play That Might Surprise You — The Motley Fool
When most investors think of ways to play the growth in the Internet of Things (IoT), the last thing they might consider is an industry like agriculture. However, that would be mistake, because the increased use of web-enabled technology in farming is a growth driver for agricultural machinery equipment companies like ( Deere & Company NYSE:DE). In addition, for investors looking for a small-cap growth stock to take advantage of this trend, Raven Industries might fit the bill. Let’s take a closer look at fascinating investment theme
In turn, U.S. farm cash income is determined by a combination of income from livestock and highly variable income from key crops such as corn, wheat, cotton, and soybeans.