3 Undervalued Internet of Things Stocks That Pay Big Dividends

The internet revolution connected billions of people to the web, and the Internet of Things (IoT) could have a similarly revolutionary effect by opening communication between devices and creating an explosion of data that is transforms industries ranging from manufacturing to advertising. For investors looking for high-flying growth, this tech wave presents a range of enticing prospects -- but because the IoT is still in its early phases and likely to go through some significant twists and turns, investing in established companies that have value appeal could be the smart way to play what some are calling "the next industrial revolution" ...

Qualcomm (NASDAQ:QCOM), International Business Machines (NYSE:IBM), and Cisco Systems (NASDAQ:CSCO) are three companies that trade at low earnings multiples, offer impressive dividend yields, and stand to play key roles in shaping the Internet of Things. Here's why each of these stocks is a promising way to invest in IoT momentum despite the challenges they face.

Source: Motley Fool

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