Is the future finally here? I for one have been looking forward with rapt anticipation for Virtual Reality to become, well, an actual reality! But it never seems to quite get here. Aside from the incredible educational tools it would provide, allowing us to learn everything from auto mechanics to brain surgery, in this day and age of pandemic lockdown, the sky would be the limit as to the kind of marvelous virtual vacations one could take. So this week's edition of U.S. News Invested was quite encouraging that, pretty soon now, we may not only be able to go to a Best Buy and purchase some impressive headgear, but also some pretty incredible software to go with it. One can only hope. See you on the beach in Tahiti. Enjoy the weekend.
1-21-21 8 Top Virtual Reality Stocks to Watch in 2021 | Stock Market News | US News
8
Virtual Reality Stocks to Watch in 2021
Which virtual reality stocks have the biggest
opportunities in 2021?
By Mark Reeth, Contributor Jan. 21, 2021, at 2:04 p.m.
8 Virtual Reality Stocks
to Watch in 2021
Consumers want an escape, and VR is here to help.
Once
upon a time, virtual reality was hailed as the next big thing. One day, so the
story went, you'd be able to strap on a headset and go anywhere your
imagination could take you. Unfortunately, VR has largely failed to live up to
the hype of just half a decade ago – expensive headsets combined with a lack of
content to draw in consumers meant that much of the excitement over this
technology has fizzled out. But for the companies that stuck with it and
continued to develop VR technology over the last few years, the opportunity has
never been bigger. From gaming and education to consumer goods and industrial
manufacturing, nearly every industry on the market can benefit from advances in
VR technology. Here are eight top virtual reality stocks to watch that are at
the forefront of this cutting-edge industry.
Facebook (ticker: FB)
Facebook
continues to be the leader in the virtual reality industry, a spot it claimed
for itself when the company purchased Oculus in 2014. The last version of the
headset, the Oculus Quest, has been well received by consumers. In its first
year on the market, Facebook sold more than $100 million in VR content,
though sales declined in the third quarter as Facebook rolled out its new
Oculus Quest 2 in October 2020. The new headset is an upgraded version of the
original Quest and has debuted to rave reviews, but competition from new Sony (SNE) and Microsoft (MSFT) gaming consoles means that when sales figures are
released in January, they likely won't blow investors away. Still, Facebook’s
commitment to constantly improving its VR experience makes it the top contender
among virtual reality stocks.
Top eight VR stocks to watch in 2021:
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