Top 17 Virtual Reality or Augmented Reality Tech Stocks
Virtual reality and augmented reality are the newest platform for entertainment, and even productivity. Apple recently announced a further investment in AR technology. This developing sector has enormous potential and a myriad of possible applications, and the market is sure to grow.
Here are the top technology companies working on artificial and augmented reality.
Advanced Micro Devices (AMD-Q)
AMD is working on their Liquid VR technology that provides an ecosystem for companies to build on. Their technology allows for near-photorealistic imagery in real-time.
They report Tuesday. Its brilliant CEO has surpassed Intel. He hopes the CEO announces an end date to the Xilinx deal.
3D Systems (DDD-N)
Involved in VR – 3D Systems creates specialized simulators using VR headsets to train healthcare professionals. They’re also a leader in 3D printing and scanning, which can be rendered in virtual reality.
They got overheated. It was like a Reddit/meme stock for a while. He believes in this, so stick with it.
Involved in AR – Facebook is working on their own augmented reality glasses. They’ve already registered some patents and recently expanded their Facebook Reality Lab to continue their work.
They report Wednesday. He expects them to talk about small business (FB sells a lot of ads to them) especially. He expects a fine quarter because online advertising is so strong.
Alphabet Inc (C) (GOOG-Q)
Involved in VR and AR – Google is no stranger to VR, launching their first virtual reality viewer in 2013. They have started experimenting with mobile VR advertising format, and the company is rumoured to be building a new version of Glass. They also provide an augmented reality platform called ARCore.
They report Tuesday. He expects amazing numbers given Twitter and Snap's blow-out reports last night. GOOG has a booming ad business, YouTube is gangbusters and their cloud division is hitting.
GoPro Inc (GPRO-Q)
Involved in VR – GoPro launched their Fusion Camera, which allows creators to create 360-degree virtual-reality footage. They also made their VR player technology, Forge.js, open-source and free so people can create their own VR experiences and host them on a user’s website.
(A Top Pick Jan 25/16. Down 1.98%.) *Short*. Shorted this because we were having momentum to the downside in the market. Also, this had a high valuation.
Hewlett-Packard Co (HPQ-N)
Involved in VR – HP already has a Windows Mixed Reality Headset, which takes advantage of Windows software to play games, live stream and more.
He doesn't follow this closely, but it's in a strong sector. HP probably suffered an earnings decline recently. He owns Apple and Google instead--he'd rather bet on tech here. Nothing wrong with HP though, but it's not as strong as these two.
Involved in VR and AR – Microsoft’s Hololense is a mixed reality headset, that allows you to see holographic images appear win the real world. Their headset can also connect to Xbox and provide an immersive gaming experience.
They report Tuesday. The stock could trend lower, actually, because expectations are so high and could be catching up to them. Normally, the street underestimates MSFT.
Nvidia Corp (NVDA-Q)
Involved in VR – Nvidia created the GeForce RTX GPUs to drive VR experiences. Their GPU allows for more immersive, and real-time graphics.
(A Top Pick Mar 11/21, Up 37%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with NVDA is progressing well and is doing a 4:1 stock split. We are recommending trailing the stop up to $170. If triggered this would all but guarantee a minimum investment return of 24%.
Involved in AR – Nokia cancelled their Ozo camera program, which captured 360-degree virtual reality footage. However, they are working on including more AR features in their cellphones.
Almost always at the top of the volatility names. An important name in Europe. Coming off the long term range from last year. Probably some more upside but not a lot. A range trader.
Involved in AR – Apple is working on their Augmented Reality headset, and may launch it as early as 2020. They are also heavily investing in augmented reality for iOS, working together with companies such as GE, Ikea, and American Airlines to bring AR into the day-to-day.
All the new models of phones on the market will support 5G, including Apple's, and there will be lots of phone upgrades. He hopes Apple breaks out the lifetime value of their customers this quarter, thanks to this sticky revenue stream.
Nintendo Company Ltd. (7974-TYO)
Involved in VR – The Nintendo Switch is being rumoured to get a Virtual Reality headset. Although this is unconfirmed, the Switch console is said to attach to a headset to be used for games.
Allan Tong’s Discover Picks NTDOY stock pays a 2.81% dividend yield and trades at a 17x PE, compared to 27x a year ago. Activision Blizzard pays only 0.51% and trades at nearly 24x. The Home of Mario does face competition from the PS 5 and the Xbox, but these are nothing new. As of this…
Himax Technologies (HIMX-Q)
Involved in VR and AR – Himax produces non-driver components for AR and VR as well as 3D-sensing devices. Their main revenue source is display driver ICs that are used in smartphones, tablets and monitors.
Virtual reality and a chipmaker? This is a chip company and they make chips for some of the virtual reality and augmented reality pieces. It has big potential. The stock fell really, really hard on earnings, but has recently come back again. The company is going to be volatile, but one of the few plays…
Sony Corp. ADR (SNE-N)
Involved in VR – Sony’s VR headset is intimately linked with their PlayStation console, offering an immersive gaming experience. It allows users to watch movies, play games and listen to audio in virtual reality.
He doesn't know it well. Their ROE has been good for the last three years, but negative during 2009-2015 (doesn't know why--management change, product issue?). Point is, ROE is inconsistent and that's a dealbreaker for him.
Synaptics Inc (SYNA-Q)
Involved in VR – Synaptics announced a new virtual reality display driver and bridge last summer. They are the leading developer of human interface solutions and are building the components of VR headsets.
Has surged from the $30s to the $150s in the past year. They are diversifying away from phones to the internet of things (i.e. touch screens, fingerprint sensors). He recommended this pre-Covid, and it's since soared 80%. A great 5G play, too.
Involved in VR and AR – Intel launched their Vaunt AR smart glasses last year. Although they shut down this project, it’s almost certain that they are working on the next augmented reality and virtual reality project.
A great time for chip companies because there is a shortage. Intel has missed the next gen move in chips and is playing catch up. Much of their production is in the US and not in China, which is a plus. Owns others like NXPI.
Micron Technology (MU-Q)
Involved in VR and AR – Micron produces graphics memory chips for AR and VR use. They bring solutions to he problems encountered with increased bandwidth requirements for advanced graphics.
Long-term view MU is no longer in a boom-bust cycle like it was in the 1990s. That said, a better long-term buy in chips is AMD as they close their deal with Xilinx.
Western Digital (WDC-Q)
Involved in VR and AR – Western Digital is developing solutions for higher resolution on VR and AR digital display and faster speeds for real time experiences. They’re also creating a more lightweight, embedded data storage solution for virtual reality and augmented reality products.
China is building out its own technology hardware industry. China was the biggest net importer relative to their needs and will now displace US market share. This is a trade that you buy when it is weak. Don't add fresh money. He would prefer TSM-N.