4 Wearable Tech Stocks That Could Be A Good Fit

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Samsung's Gear S2 smartwatch was officially launched this week at a trade show in Germany. In an effort to battle Apple Inc., Samsung and other key wearable tech players are attempting to participate in this ever-so-quickly evolving market. Alongside these industry giants are smaller companies, such as the ones on our list, which are creating its own wearable tech, including some with applications in the biomedical field.
Globant SA GLOB - $27.67IT Services & Consulting
Globant S.A. is a technology services provider with 12 Studios, which includes Consumer Experience; Gaming; Big Data and High Performance; Quality Engineering; Enterprise Consumerization; UX and Social; Mobile; Cloud Computing and Infrastructure; Wearables and Internet of Things; After Going Live; Digital Content; and Product Innovation. The Globers for each Studio include engineers, architects, artists and designers, business analysts, quality control analysts, marketing professionals, and project managers.
  • Market Cap: $1,238,422,061
  • Revenues (LTM): $267,062,607
  • Research and Development (2014): N/A
  • Cash and Short Term Inv. (LFQ): $79,626,378
Multi-Fineline Electronix Inc. MFLX - $15.59Semiconductors
Multi-Fineline Electronix, Inc. is a producer of flexible printed circuits and flexible circuit assemblies. With facilities in Irvine, California; Suzhou, China; Korea; Taiwan, and Singapore, the Company offers a global service and support base for the sale, design and manufacture of flexible interconnect solutions. Multi-Fineline Electronix is a global provider of flexible printed circuits and value-added component assembly solutions to the electronics industry. The Company offers products in a range of sectors, including smartphones, tablets, computer/data storage, portable bar code scanners, personal computers, wearables and other consumer electronic devices.
  • Market Cap: $508,588,537
  • Revenues (LTM): $0
  • Research and Development (2014): $1,623,035
  • Cash and Short Term Inv. (LFQ): $178,503,885
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