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Trade of the Day: Vuzix Corporation (NASDAQ:VUZI)

Get ready for hands-free mobile computing

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Pokémon Go has taken the country by storm. The game allows players to walk around the real world while seeking virtual Pokémon characters on their smartphones. Users are playing the game 45 minutes a day on average, which has squeezed the popularity of WhatsApp and Instagram.

According to my research, a better way to play the game is through “smart glasses.” Vuzix (VUZI) is the maker of M300 Smart Glasses that have started to ship and can be used for hands-free mobile computing.

The company is employing new “waveguide technology” in their glasses that will allow images to appear in the glass lens itself. This is a much better visual effect than the conventional smart glasses that project images into the user’s eye from the outside.

VUZI shares are gaining ground on a 52-week high and we’ll use the recent pullback as a buying opportunity.

Buy to open the VUZI September 10 calls (VUZI160916C00010000).

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Article printed from InvestorPlace Media, https://investorplace.com/2016/08/trade-of-the-day-vuzix-nasdaq-vuzi/.

©2019 InvestorPlace Media, LLC