Are you looking for augmented reality stocks? Augmented reality is a 3D adventure that uses computer generated graphics to make real world elements. It’s not the same as virtual reality, however. Augmented reality happens in real time whereas virtual reality happens in one place.
|META||Meta Platforms Inc|
|SONY||Sony Group Corporation|
Which Companies Are Investing Big in Augmented Reality?
Augmented reality stocks are stocks of companies that design or produce AR software or hardware. This, in today’s time, includes AR chipsets, headsets, products with haptic technology, varifocal displays, smart glasses, VR/AR headsets, and much more.
If we look at augmented reality stocks today, there may be a lot to consider. However, some are better and obvious choices than others. You’ll want to look into companies like Facebook
If you’re someone looking to invest in AR stocks for reasons such as diversifying your portfolio, here is a list of the top five to consider.
Meta Platforms Inc (META)
Meta Platforms Inc, formally (Facebook) is one of the top names and contenders in augmented reality stock investments. The company got its first advantage in VR markets when it got its hands on the Oculus VR. In the last three years, the company has come up with individual VR headsets and it’ll also have a lot coming in augmented reality in the future as well.
At the moment, audiences are eyeing Meta’s “EssilorLuxottica Ray-Ban”, which will was launched in 2021. These glasses will show the company’s real interest in AR. In the future, Meta, just like other companies, will have a lot to showcase and bring forth in AR and related products.
Augmented Reality Stocks: Autodesk (ADSK)
Autodesk is well known for its “AutoCAD”, Computer-Aided Design software. However, it has a lot more to offer than just that. ADSK produces products such as digital prototyping software, Maya, and consumer software such as video game animations and special movie effects.
As we move further in the years towards a higher future and reality, Autodesk’s business will benefit greatly. Autodesk will also automatically benefit from increased consumer/industry activity in augmented reality ahead.
They’ve been careful in implementing augmented reality in their products since 2017. In the last five years, the company stock has posted gains of 284%, which is quite unbelievable.
Autodesk will continue to provide key companies with creative platforms which is why it is a good investment in augmented reality stocks today and the future as well.
Sony Group Corporation (NYSE: SONY)
Sony is a name we are all well aware of. The company designs, develops, produces, and sells electronic equipment. It also creates professional and non-professional equipment for local, consumer, and industrial markets across the globe.
Sony, at the moment, is manufacturing very classy AR headsets which are being used widely in Japan’s Ginza Sony Park. It’s also developed the ‘Smart Eye Glass’ that contains holographic display which is also quite popular. Both of Sony’s AR products have helped the company’s revenue grow drastically. Sony will also be continuing to manufacture other AR products, making it a good choice of investment in augmented reality stocks this year.
Further in the list of top five augmented reality stocks, let’s also not forget Qualcomm. Qualcomm is a part of modern-day technologies today. You can find its items on many mobile devices and wireless items.
Many of the items that contain Qualcomm’s AR technology are network devices, consumer digital gadgets, Broadway gateway equipment, and more.
Qualcomm is already highly interested in delivering AR technology and it’ll continue to deliver it in the years to come. This will mean growth and revenue.
Qualcomm first introduced its AR recommended style based on its Qualcomm Snapdragon XR1 System which impressed users. It is also the leading supplier of 5G modems and AR capable chips as well.
These side businesses will give Qualcomm a much needed boost quicker and sooner. Qualcomm (QCOM) recently repurchased 3 million of its common AR stock. It is also ready to bring more in the AR realm and reality in the years to come. Qualcomm, therefore, is a very wise and viable investment in 2021.
Snap Inc. (SNAP)
With a market cap of $94 billion, Snap is a camera and social media company based in California. It’s developed many technological products and services such as Spectacles, Snapchat, and Bitmoji. Snap is one of the main companies that have been investing in AR for the past many years.
Along with what it has already brought forth, Snap is set to release AR glasses that’ll show digital content in front of people’s eyes, when they wear them, and all the time. The company is a big pusher of advanced technology and it is ascertained that this will come through in its new and upcoming products.
By statistics, Snap’s Q1 revenue for 2021 increased by 66% to 770 million from a year ago. It has presented a positive outlook, with stronger outlooks expected in the near future.
Snap is focused on producing services, advertising, gaming, and developer tools. This is why it’s such a good investment in augmented reality stocks again. Understanding why AR stocks are so beneficial to invest in, we can easily look at the revenue growth of the top five companies and how well they have performed.
The overall positive interest and sentiment in AR comes after the popularity of AR technology and technology in general. AR stocks help in making good and well numbered profits. At the moment, there is a lot of competition in the AR industry, thus it is better to go for AR stocks that are in green.
Investing in augmented reality stocks is a great idea and you can start today by making simple investments. While there are many, many AR stocks that you can buy today, some are obvious choices. AR stocks are wise investments because the scope of technology is high. With technology competing with technology, investing in augmented reality stocks will increase profits by helping you benefit from higher returns on investments.
Along with the aforementioned augmented reality stocks, other top investments could be Apple, Alphabet, Amazon, Upwork, Gevo, and Microsoft. Investors today are eyeing augmented reality stocks as viable and sound investments. In the coming future, many augmented reality products will be seen topping the lines as well. These will include laser hair removal products, hairbrushes, fashion products, optics, shopping apps, and various others. Investors should therefore be hooked.