wearable technology stocks

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Seven Reasons to Buy Wearable Technology Stocks Now

One of the hottest trends for investors in 2014 has been investing in wearable technology stocks, as new products hit the market seemingly every week.

The wearable tech industry is growing at an incredible rate, and has been described as a "key consumer technology." The research shows that the industry is set to explode. In fact, it's already experiencing incredible growth.

As the market develops, there will be numerous investment opportunities, and these are the seven biggest reasons we’ll be investing in wearable tech…

Intel (Nasdaq: INTC) Doubles Down on Wearable Tech with Basis Acquisition

With its acquisition of Basis Science Inc., Intel Corp. (Nasdaq: INTC) has sent a loud and clear message that it has every intention of being a leader in wearable tech.

Details were not disclosed, but TechCrunch reported that the maker of wearable devices such as the Basis B1 fitness band went to Intel for about $100 million.

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