The IoT's Unlikely Stock Market Star Digi International Inc.
, a stalwart in industrial internet of things (IoT) connectivity, has emerged as an unlikely stock market star after its stock surged 55% over the past quarter, according to Riverwater Partners' Small Cap Strategy Q2 2026 investor letter.
The company's success is all the more remarkable given that AI and automation have been touted as the future of industry for years now, with many companies struggling to capitalize on this trend.