As we get ready for Meta’s ($META) quarterly earnings report and think about consumer electronic markets outside of smartphones and PCs for chip companies, the wearables business at EssilorLuxxotica, the company behind Ray-Ban, Oakley and other eyewear brands, rose 20% year over year in Q3 2026. YTD, that segment revenue is up ~79%, which explains the enthusiasm National Vision ($EYE) CEO Alex Wilkes had when we talked about the wearables category just over a month ago.
At the time of publication, TheStreet Pro Portfolio was long META shares.
With 30 years of cross-industry experience, Chris Versace brings his thematic investing lens to TheStreet Pro Portfolio (formerly Action Alerts PLUS) each day as lead portfolio manager. His daily insights, analysis, and recommendations provide the foundation for TheStreet's Pro Portfolio.
Versace began his career in equity research before founding Versace Management in 2005. He joined TheStreet team in 2011 as a Real Money contributor before becoming portfolio manager of Action Alerts PLUS in 2021. He holds an MBA from Fordham Gabelli School of Business and has co-authored a book called “Cocktail Investing - Distilling Everyday Noise into Clear Investing Signals for Better Returns.”
With a passion for teaching others about investing, Versace spent 9 years as an Assistant Professor of Finance at NJCU School of Business. When he’s not contributing to TheStreet’s premium services, he can be found speaking at industry conferences or at a Bruce Springsteen concert (he’s seen him 50 times and counting!).
