Tech Stock Rebound

March 1, 2019 -- InvestorsHub NewsWire -- Microcap Speculators -- Technology was one of the last sectors to be hit by 2018’s volatility, but it suffered particularly badly in the fourth-quarter selloff. The sector could bounce back, so here are a few stocks to look at for that rebound.

One tech stock to watch, Gopher Protocol Inc. (USOTC: GOPH), is a combination Internet of Things (IoT)/ AI play that has completed several positive system tests in the development of their potentially groundbreaking technology. The company just crossed another major milestone in the development of their Artificial Intelligence enabled mobile technology. GOPH just announced they’ve performed successful communication testing of the Alpha version of their GopherInsight MESH system.

Today we are highlighting: Gopher Protocol Inc. (USOTC: GOPH), iRobot (NASDAQ: IRBT), Sequans Communications S.A. (SQNS), Boxlight Corporation (NASDAQ: BOXL), and Baidu (NASDAQ: BIDU).

As mentioned above the successful communication testing of their MESH system is just the latest in a string of positive reports from Gopher Protocol Inc. (USOTC: GOPH) (Market Cap: $105.693M, Share Price: $0.5067). The recent test cleared GOPH for field testing outdoors. Other recent research tests identified successful cognitive robotics features where robots were able to sense their environment by means of integrated sensors, location and computer vision. As part of this research, the company’s AI artificial intelligence engine was successfully integrated into robots resulting in improvements in robots’ perception and understanding of human activities and verbal communications.

In the IoT department, GOPH initiated testing multiple antenna types and configurations as part of the final phase of development for its mesh network gateway device. Antennas are a crucial part of any wireless system, being the central communicator between wireless clients, so this announcement was very promising.

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iRobot Corporation (NASDAQ: IRBT) (Market Cap: $3.476B, Share Price: $125.06) reported record fourth-quarter earnings and beating Wall Street's expectations. Fourth-quarter revenue increased 17.7% vs. the comparable period, to $384.7 million, above the consensus estimate of $379 million -- a record high for the company.
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Sequans Communications S.A. (SQNS) (Market Cap: $104.045M, Share Price: $1.10) announced the availability of a new module based on Sequans’ Monarch, the world’s most highly-optimized LTE-M/NB-IoT chipset, compatible with Orange networks (an IoT network). The module is being offered as part of the Orange Live Booster Program that delivers a range of modules pre-packaged with Orange cellular connectivity to simplify the process of adding connectivity to IoT devices. The new Monarch-based Live Booster module comes complete with an integrated SIM that assures developers and manufacturers that their IoT devices will operate on Orange networks.

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Boxlight Corporation (NASDAQ: BOXL) (Market Cap: $28.889M, Share Price: $2.84), a leading provider of interactive technology solutions for the global education market, has been awarded Colorado’s Cooperative Educational Purchasing Council’s (CEPC) Audio Visuals bid along with DHE Computer Systems, a nationally recognized technical sales and services company.
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Baidu, Inc. (NASDAQ: BIDU) (Market Cap: $56.783B, Share Price: $162.54) shareholders have enjoyed stellar performance from the stock; its shares are up more than 1,200% over the last decade. However, its run over the last several years has been characterized by volatility. The Chinese search engine and online advertising leader saw its stock price hit a lifetime high in 2018, but a slowdown for China's economy and concerns that its stock market had become overheated prompted steep sell-offs in the year's latter half.

Legal Disclaimer:

This article was written by Regal Consulting, LLC (“Regal Consulting”). Regal Consulting has agreed to a two-month term consulting agreement with GOPH dated 12/31/18. The agreement calls for $100,000 in cash per month. All payments were made directly by Gopher Protocol, Inc. to Regal Consulting, LLC. to provide investor relations services, of which this article is a part of. Regal Consulting also paid one thousand dollars cash to microcapspeculators.com to distribute this article. Regal Consulting may have a position in the securities mentioned in this article at the time of publication, and may increase or decrease its position without notice. This article is based on public information and the opinions of Regal Consulting. GOPH was given an opportunity to edit this article. This article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any results predicted herein. Regal Consulting is not registered with any financial or securities regulatory authority, and does not provide or claim to provide investment advice.

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