Beaten-Down Adesto Technologies Still Has Life
A look at the small-cap technology space shows the carnage that left many higher-beta stocks struggling to stay afloat in what is a negative environment.
But in my view, the degree and rate of the selling has been overdone and is unwarranted.
An aggressive play on the Internet of Things (IoT) space that is badly beaten up but offers traders a good risk-to-reward situation is Adesto Technologies Corp (NASDAQ:IOTS), down 21% this year and 35% over the past year.
The story behind IOTS stock is intriguing as the micro-cap develops proprietary memory chips geared for a broad range of IoT applications including.
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A look at the small-cap technology space shows the carnage that left many higher-beta stocks struggling to stay afloat in what is a negative environment.
But in my view, the degree and rate of the selling has been overdone and is unwarranted.
An aggressive play on the Internet of Things (IoT) space that is badly beaten up but offers traders a good risk-to-reward situation is Adesto Technologies Corp (NASDAQ:IOTS), down 21% this year and 35% over the past year.
The story behind IOTS stock is intriguing as the micro-cap develops proprietary memory chips geared for a broad range of IoT applications including.
Den vollständigen Artikel lesen ...