Luxottica (NYSE:LUXTY) produces and distributes sun and prescription eyewear. It is trying to merge with lens maker Essilor. It has a market cap of $27.8 billion, a PE of 24.58 and a dividend yield of 1.69.per cent. Guest Wayne McCurrie, Senior Portfolio Manager, Ashburton and resident expert Paul Theron from Vestact decide whether Luxottica is hot or not.