50% off Premium Yearly
Impinj IncPIBUYAug 31, 2022Stock price when the opinion was issued
As of Jun 18, 2026. Market Open.
(Past Top Pick, Oct. 11, 2017, Down 33%) He got stopped out and lost 11%. They RFID, radio transmitters and they do a battery list tracker. The issue was there was a lot of hype in their name, then an overhand in their inventories. They do a lot of work in clothing, which has been a negative industry. They offer a great product. This is still a good story, though volatile lately. Improving inventory around the world will help them. He would buy it again if the price moved in the right way.
The IMPINJ enables wireless connectivity across all kinds of devices. What they do that is a bit different from RFID (radio frequency identification) in that they are passive, meaning it is powerless, doesn’t need a battery. They have an alliance called RAIN, which is organized by Google, Intel and AIM. They have the ability to have little tags on clothing to tell prices, inventory, etc. Extremely volatile and not for the faint of heart. (Analysts’ price target is US$49.00.)