This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Will Nest's return to market disrupt these home automation stocks?

Stocks in this article: ABB CTRL HON ROK

By James Dennin for Kapitall.

Google's (GOOGL) home automation side project funds startups like Nest, a company that makes "smart" smoke and carbon monoxide detectors. 

Due to the law of unintended consequences however, the company was forced to issue a recall in April after one of the features on the device malfunctioned.

The "wave" feature sounded like a good idea: wave your hand near the thermostat and it shuts off its alarm. Unfortunately, the sensors were too sensitive, and the devices were being silenced accidently. Nest has removed the feature and has taken the device back to market at a reduced price. 

As coverage of the issue points out, the easy-to-turn-off feature of the device was one of its selling points. Will its removal hit sales? Either way, analysts still believe there is strong demand for home-monitoring technology linked to smartphones. 

We decided to build a list of other companies working in the automation space. Could these small and large automation companies see disruption from startups like Nest? Use the list below to begin your analysis, and let us know what you think in the comments!

Click on the interactive chart to view data over time. 


1. ABB Ltd. ( ABB, Earnings, Analysts, Financials): Provides power and automation technologies for utility and industrial customers worldwide. Market cap at $53.76B, most recent closing price at $23.27.


2. Rockwell Automation Inc. ( ROK, Earnings, Analysts, Financials): Provides industrial automation power, control, and information solutions. Market cap at $17.41B, most recent closing price at $126.93.


3. Control4 Corporation ( CTRL, Earnings, Analysts, Financials): Provides automation and control solutions for the connected home. Market cap at $424.72M, most recent closing price at $18.03.


1 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs