Top 5 Best Augmented Reality Stocks to Invest In
Introduction
In recent years, augmented reality technology has been making great strides and is set to transform various industries such as healthcare, education, and gaming. As we witness this technological revolution, it is an excellent time to consider investing in companies that are at the forefront of developing this disruptive technology. In this article, we’ll be discussing the top five best augmented reality stocks for investors looking to take advantage of this trend.
1. Apple Inc.
Apple Inc. is one of the biggest names in the tech industry, and it’s not just their iPhones that are successful. The tech giant has been exploring augmented reality for years, and it is expected to become a major player. In 2020, Apple released ARKit 4, which is expected to revolutionize AR experiences on iPhones and iPads. With Apple’s vast resources and strong brand recognition, investing in this company’s stocks would be a smart move for anyone looking for stability and long-term growth potential.
2. Facebook Inc.
Facebook Inc. has made significant strides in the AR space by investing heavily in the development of AR smart glasses. This social media giant has set an ambitious target of launching its smart glasses by 2021, which could potentially make them a driving force in the AR industry. Facebook’s AR studio already has over 400,000 developers, making it one of the largest AR developer platforms in the world. With the company’s strong user base, investing in Facebook’s stocks is an excellent opportunity for those looking to tap into the potential of AR technology.
3. Microsoft Corporation
Microsoft Corporation has invested heavily in mixed reality, which combines augmented reality and virtual reality technology. The company’s HoloLens glasses are a significant step forward in the AR space, providing an immersive experience for users. Microsoft’s Azure Spatial Anchors platform has also made it easier for developers to create AR apps. With the potential to transform various industries, Microsoft’s AR stocks are an excellent investment for anyone looking for a long-term investment.
4. Alphabet Inc.
Google, a subsidiary of Alphabet Inc., has been working on augmented reality for years, with the launch of Google Glass being one of the company’s notable achievements. While the product initially faced significant backlash and eventually failed, Google continues to explore augmented reality. The company has since launched ARCore, an AR development platform for Android devices. With the massive popularity of Android phones, investing in Alphabet Inc.’s AR stocks could turn out to be a smart move.
5. NVIDIA Corporation
NVIDIA Corporation is a well-known name in the computer processing industry, and it has made strides in the AR space through its work on the development of a platform for rendering realistic AR experiences. Their technology is used in several leading AR devices, making them a prominent player in this space. With their continued work on the creation of AR-related technology, NVIDIA’s AR stocks offer excellent growth potential for investors.
Conclusion
As AR technology continues to revolutionize various industries, investing in the companies leading the way in this space is a smart move. Apple Inc., Facebook Inc., Microsoft Corporation, Alphabet Inc., and NVIDIA Corporation are all strong players in the AR industry, with stocks that offer both stability and long-term growth potential. By keeping an eye on these top five AR stocks, investors can tap into the potential of augmented reality technology and potentially reap significant financial rewards.
