1 Overlooked AI Stock to Add to Your Watch List

With all the buzz around artificial intelligence (AI) stocks this year, the Internet of Things, more popularly known as IoT, has taken a backseat in terms of attention from investors. In practice, though, the Internet of Things hasn't gone anywhere - from VR headsets to smartphones to building automation, use cases for cloud-connected devices are all around us.

In fact, a study by market research firm Statista cited projections for worldwide annual revenues from IoT-enabled devices and applications to reach $621.6 billion by 2030 - almost tripling in 10 years.