Best Hidden Stocks for Near Field Communication (NFC)

Near-field communications, or NFC, is a technology that allows communication over very short distances — typically just a few centimeters. Using a smartphone, a user can touch the phone to an NFC tag and immediately be connected to a website, dial a phone number, or launch an app to show information such as business details or points of interest. That’s why investors might want to pay closer attention to NXP Semiconductors, a leader in the NFC niche. It recently paired up with Identive to produce an NFC tag that will be able to be read through glass, making the technology even more useful for consumers who want to access displayed data by waving their cell phones in front of it. And because it consumes only 144 bytes of memory, cell-phone makers can preload their phones with promotional URL addresses or other content.

According to Seeking Alpha, the stock has seen bullish call buying in recent sessions, with a potential catalyst from Google Wallet.

Read more, via Motley Fool; Seeking Alpha