17 Best Augmented Reality Stocks Under $5 | Virtual Reality penny stocks
17 Best Augmented Reality Stocks Under $5 | Virtual Reality penny stocks. AR is growing in popularity due to its widespread use across all industries, while VR is mostly limited to the gaming and entertainment industries. Augmented Reality (AR) is making a name for itself in areas like e-commerce, engineering, and education. It is the sole reason why you should invest in any of the Cheapest Augmented Reality Stocks.
In this article we will take a look at the top 17 best augmented reality stocks to buy now. The growth of Augmented Reality (AR) applications in recent years has been due to solutions that enable consumers to visualize products and imagine what it feels like to own the product or experience the service before actually buying it.
Apple Inc. (NASDAQ: AAPL) has recently launched the ARKit 4, the latest version of its open-source augmented reality development tools. It creates a new way to access depth information on the iPad Pro, along with location anchoring and face tracking.
Alphabet Inc. has also introduced its ARCore which is compatible with most smartphones. Alphabet Inc. (NASDAQ: GOOG)‘s Google is now accepting submissions for street view photos which shows that the ARCore has improved so much that smartphone pictures can also be incorporated with Google Maps.
What is Augmented Reality (AR)?
When you hear of AR, they are referring to a technology that overlays information and virtual objects in real-time in real scenes. It uses the existing environment and adds information to create a new artificial environment.
Top Best Augmented Reality Stocks
There is a growing proliferation of Augmented Reality (AR) across the world and many tech companies believe that AR, which digitally enhances real-world surroundings, is the next big computing platform.
1. Apple (AAPL)
Apple Inc. (AAPL) develops, manufactures, and markets smartphones, PCs, tablets, wearables, and accessories worldwide. At the same time, Apple is preparing for the upcoming AR dominance.
2. Alphabet
Alphabet is another of the biggest Augmented Reality stocks. Even when Microsoft was developing high-priced AR/VR devices, Alphabet took a very different approach. The company has now started integrating AR technology into its Android operating system in Google Maps, Google Lens, and Google Pixel smartphones.
3. Intel Corp. (INTC)
Putting on a headset and stepping into a virtual world is all well and good, but the experience is only possible thanks to the hardware under the hood. Given that Intel is one of the largest semiconductor manufacturers in the world, it’s not surprising that its products support VR headsets made by various companies, including Oculus and HTC.
4. Qualcomm (QCOM)
One of Himax’s most important AR partners is Qualcomm, the world’s largest manufacturer of processors for mobile applications and baseband modems. It’s best known as a telecommunications and semiconductor game, and it’s not often confused with a list of AR stocks. However, Qualcomm is very well positioned to benefit from mainstreaming augmented reality.
5. HiMax
Himax generates most of its sales with integrated circuits (ICs) for digital displays. This core business has struggled with slow sales of televisions, monitors, and mobile devices around the world over the past year. However, nearly a quarter of Himax’s sales come from its non-driver business, which makes a variety of liquid crystal-on-silicon (LCOS), wafer-level optics (WLO), and depth-sensing camera components.
6. SNAP
SNAP operates as a camera company in the US and internationally. Most of its revenue comes from ads on Snapchat. Snap has “built a significant lead in augmented reality” and that “smartphone-based augmented reality will be a major growth driver over the long term. Snapchat’s AR ecosystem includes lenses, games, and experiences and continues to sell Spectacles AR glasses.
7. Nvidia (NVDA)
Last but not least, it might seem a bit obvious, but add Nvidia (NVDA) to your list of AR stocks to keep track of things. Nvidia has already proven capable of handling the large visual data loads associated with virtual reality. Making Augmented Reality even better turns out to be relatively easy in comparison.
8. Immersion Corporation (IMMR)
Immersion Corporation (IMMR) has earned a spot on a list of notable AR stocks with its TouchSense (r) Force technology that turns screens into a tactile, haptic experience. It was particularly impressive in the VR gaming world, but the possibilities are only now being fully explored.
9. Axon Enterprise (AAXN)
Axon Enterprise Inc (AAXN) is not yet an augmented reality game. But it seems that it will be soon. It is not entirely clear what this could mean. However, given the nature of the target markets – law enforcement and military personnel – it is pretty safe to assume the company is considering ways to better protect and equip people wearing uniforms and a gun for work.
10. Sony Corp. (SNE)
The history of the AR/VR market is simple: companies try to lure consumers with unproven and expensive technology and when it inevitably fails, they eventually turn to corporate customers. The exception to this rule was Sony, which positioned its PlayStation VR (PSVR) headset as an excellent choice for VR “noobs”.
11. Vuzix (VUZI) – NASDAQ: VUZI
Although Alphabet was actively pursuing the VUZI project; After that, the first launch for Google Glass was pretty much a flop. However, the idea of projecting information onto a glass that a user/wearer can see through has never really disappeared. It simply has far more uses as an industrial or commercial tool than for consumers.
12. Facebook (Ticker: FB)
Facebook practically introduced the AR market as we know it back in 2014 with the purchase of Oculus. Unfortunately, while the debut of the Oculus Rift headset in 2016 may have attracted a lot of attention, sales of the Rift and subsequent headsets – including the new Oculus Quest – didn’t have much of an impact on Facebook’s bottom line.
13. MicroVision (MVIS)
Note that MicroVision and Microsoft are two different companies. The Microsoft mentioned above is the maker of the HoloLens, which may be on the verge of becoming a must-have. MicroVision’s role in the augmented reality movement is slightly different, however.
14. Microsoft (MSFT)
Productivity software, the cloud, and operating systems are still and will be the heart and core of the company. However, Microsoft is wading into augmented reality waters fast enough that it may have little effect on the value of the stock.
15. Autodesk, Inc. (NASDAQ: ADSK)
Autodesk, Inc. (NASDAQ: ADSK) is a California-based software corporation that makes software products and services for the architecture, engineering, construction, manufacturing, media, education, and entertainment industries. The company is best known for its AutoCAD (Computer-Aided Design) software which is why it is one of the best augmented reality stocks to buy now.
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