Out Fox The $treet

InvenSense trades near lows as the smartphone market weakens and primary customers shift premium focus. Opportunity outside of smartphones continues to provide a potential catalyst for the next rally. The stock is too cheap with an enterprise value dipping below $600 million. Ever since going public at the end of 2011, InvenSense (NYSE: INVN ) has seen their stock spend a considerable amount of time retesting the $10 level. The motion sensing technology leader continues to struggle to move from a level of developing a market into consistent and profitable growth due to binary decisions with big customers.  Read the full article at Seeking Alpha.  Disclosure: Long INVN, AAPL. Please review disclaimer page for more details.

With the announcement of Google ( NASDAQ: GOOG     ) ( NASDAQ: GOOGL     )  Fit, the revolution of health care monitoring and recording is in full force. This news comes within a month of Apple ( NASDAQ: AAPL     ) touting the new Health app and HealthFit developer's tool. The goal of both services is to become the central hub of a myriad of apps and wearable sensors that measure health and fitness activities. With the two tech giants battling it out for consumers' health data and the focus of developers, the one stock that appears best-situated to benefit from the proliferation of sensors in these new devices is InvenSense ( NYSE: INVN     ) . Remember that Google, at a market valuation of $390 billion, is the smallest of those tech giants, making it very difficult for a health hub to change the value of the related stocks. On the other hand, InvenSense sits with a valuation just below $2 billion, and the advancement of s...

Health monitoring offers immense potential, though it might not move the needle for Apple. History suggests consumers and doctors aren't motivated to use health records. With the big three of Apple, Google, and Samsung fighting it out over the health hub, the innovation isn't unique enough for a game changer. In my last article on Apple ( AAPL ) , I suggested the stock didn't have huge upside due to the lack of innovative products. Many comments were quick to point out that my analysis ignored some of the revolutionary aspects hidden in software updates. One such area is the new Health app and HealthKit tool for developers that do offer some interesting potential to eventually move the needle at a technology giant. Read the full article at Seeking Alpha. Disclosure: Long AAPL. Please review the disclaimer page for more details. 

Already a leader in motion sensing and tracking technology used in smartphones and game consoles, InvenSense ( NYSE: INVN     ) recently released some intriguing chips for the "always-on" revolution. The company has been a promising technology stock for a couple of years, based on speculation that it would add Apple to an already-strong customer base including Samsung ( NASDAQOTH: SSNLF     ) , LG Electronics , and Nintendo , among others. The latest chip releases suggest InvenSense could leap into the wearable market and unleash years of growth without obtaining Apple as a customer. Read the full article here . Disclosure: Long INVN. Please review the disclaimer page for more details.