Investment Review day 11 of 50: Samsara $IOT
Samsara helps businesses make their physical operations smarter. It offers a cloud platform with connected hardware (like cameras and sensors) plus powerful software solutions that allow companies to track vehicles, monitor industrial equipment, and improve safety across various industries like transportation, energy, and manufacturing. Samsara stands out by offering a customizable, integrated solution that replaces the need for multiple separate tools.
Samsara is tapping into a huge and fragmented market where efficiency gains translate directly to increased profits for businesses. The company’s revenue growth is impressive, customers are adopting multiple product offerings, and large deals are increasing, signalling that Samsara’s solutions are resonating with businesses seeking to optimize their operations.
I purchased IOT in January and my investment is up 22.5% in just two months, but it’s important to be aware of the risks – stock dilution, evolving vehicle technology, and the persistently high valuation means Samsara needs to continue executing flawlessly. However, its adaptable software-focused platform and large market opportunity position it well for continued success.
Are you using technology to optimise your business operations?
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I’m putting my holdings under the microscope. Over the next 50 days I’ll break down my whole investment portfolio. Wins, losses, and the ‘why’ behind it all. And on day 50 I’m going to share the full portfolio! Follow me and let’s learn together! #StockAnalysis #50daychallenge #automation #telematics #AI
