Googling Home Automation
I ended up swapping out GOOGL for CTRL, which was bought yesterday on a potential bottom scenario. A mega tech stock of high quality for a company in a market that I am not overly excited about, trying to grab some of the ‘internet of things’ (IoT) hype out there.
It is probably a gap fill play around 17 with a stop below the August lows. CTRL got beat up on earnings as it is pretty richly valued, but the company also has acquisition hype surrounding it (like Google or Apple with respect to the IoT). We’ll see.