Here are some of the finalists for the “Oscars” of the toy industry [Video]

The Toy Foundation has just unveiled the finalists for the Toy of the Year Awards, known as the Oscars of the toy industry.

The 115 finalists cover 16 categories of play – from toys for preschoolers to plush, educational and more, there is something for everyone on your holiday shopping list.

Jennifer Lynch, Toy Trends Specialist for The Toy Association, joined us with some of the finalists.

furReal Peanut the Playful Monkey (Just Play)4+, $59.99Plush Toy of the Year FinalistThe FurReal Peanut the Playful Monkey is a sweet interactive friend that makes pretend pet care fun.With over 100 different reactions for kids to discover, Peanut encourages empathy, imaginative play, and lots of giggles.Peanut walks on her own, says “uh oh” when she falls, does flips when you hold her hand, falls asleep when rocked, giggles when tickled, “drinks” her bottle, and much more.

Crayola Color Wonder Magic Light Brush (Crayola)3+, $26.99Preschool Toy of the Year FinalistPainting is magical with the Crayola Color …