In the not-so-distant future, you won't need to run home at the end of the day to check and see if you need more milk before going to the grocery store. Your refrigerator will simply tell you. Take this simple example, extrapolate it across the globe into countless industries, and you get an idea for what the next decade of technological advancement could bring.
As you might expect, the companies that help drive this innovation stand to be huge winners, as do their shareholders. One company many investors believe has the potential to be a huge long-term winner is CalAmp (NASDAQ:CAMP).
So far this year, however, shareholders haven't had much to brag about. Shares are down almost 30% since the beginning of the year, and Wall Street doesn't seem too happy with the company. Why is that, and what should investors really be watching moving forward? To find out, check out the slideshow below.
The tiny company behind wearable technology and the Internet of Things
The ability for machines to communicate is half of the equation to the Internet of Things. The other half involves technology that helps devices sense what is happening around them. To find out about a company driving this technology, check out our special free report. It's yours today, absolutely free!
Brian Stoffel has no position in any stocks mentioned. The Motley Fool recommends CalAmp. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.