Remember the first time you used a Wii remote control and realized that playing video games would never be the same again? The company behind that technology was InvenSense (NYSE:INVN), which went public after that initial success.
Many people out there think InvenSense's technology -- which includes integrated gyroscopes, accelerometers, compasses, and pressure sensors -- could lead the new wave of wearable technology. With prospects like that, you'd expect the stock to be booming.
Though it has doubled since the beginning of 2013, InvenSense stock is only trading about 7% higher now than at the beginning of the year. To find out why, along with what investors should watch for moving forward, check out the slideshow below.
Leaked: Apple's next smart device could be powered by...
The secret on Apple's newest device is out, and some early viewers are claiming its everyday impact could trump the iPod, iPhone, and the iPad. In fact, ABI Research predicts 485 million of this type of device will be sold per year. But one small company makes Apple's gadget possible. Is it InvenSense, or one of its competitors? To see Apple's newest smart gizmo, and find out the company behind it, just click here!
Brian Stoffel owns shares of Apple. The Motley Fool recommends Apple and InvenSense. The Motley Fool owns shares of Apple and InvenSense. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.