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Five stocks that will soar when wearable tech takes off

2014 was supposed to be the year that wearable technology went mainstream. While it was an exciting year for wearable technology, it appears as though the sector's true move into mainstream will come a year later than expected, and some companies are going to emerge as clear leaders.

"Wearable technology" is going to be a big buzz word in the 2015, with euphoria over the new technology getting spurred by the highly anticipated release of Apple's ( AAPL ) smart watch, the Apple Watch. Competing watches have already hit the market, but it will be the Apple Watch that will most likely pushes wearable tech into the mainstream.

As wearable technology gains popularity, there will be a rush of companies trying to capitalize on the new trend. There are already some leaders in the sector, some of which are already household names, and others that you may not be familiar with at this point.

Regardless of which companies emerge as leaders in wearable technology, there is little doubt about the importance it will assume in our daily lives. Just as smartphones quickly took over after their arrival, wearable technology will spread quickly. There will come a day when it is hard to remember not having a smart watch, or some other device that we carry around with us everywhere we go, but that day will surely come.

As investors, it is important to grasp what is coming, and just as important to try to get ahead of the rest of the market. Just as smart investors were able to get ahead of the smartphone and tablet revolution, the same opportunity now exists regarding wearable technology. Each of the following companies has a good chance to emerge as eventual leaders as wearable technology goes mainstream.

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This article was originally published on MarketIntelligenceCenter.com

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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