Is Home Automation a Smart Investment?
If it wasn't for the excitement over wearable devices, the "connected
home" might have gotten significantly more attention at the Consumer
Electronics Show. The purchase of Nest Labs by Google (NASDAQ: GOOG )
for over $3 billion placed the sector in "overheated" mode. One
company taking part in the CES excitement over this concept, and boosted
by the Nest Labs purchase, was recent IPO Control4 (NASDAQ: CTRL )
. The company has some interesting products and a surprisingly solid
financial position for a modern technology firm, yet the valuation is
very rich for the growth rate.
Read the full article here.
Disclosure: Long GSVC. Please review the disclaimer page for more details.
Read the full article here.
Disclosure: Long GSVC. Please review the disclaimer page for more details.
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