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Best VR stocks to buy and hold

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Virtual reality is one of the most exciting and fast-growing technologies in the world. VR has applications beyond gaming and entertainment, such as education, training, health care, and social interaction.

According to Grand View Research, the global VR market is expected to grow at a compound annual growth rate (CAGR) of 15% from 2023 to 2030, reaching $87 billion by 2030. Not only that, but the companies leading the way in VR also seem to be the ones leading the way in Artificial Intelligence (AI), which is exploding right now.

If you want to invest in this booming industry, here are seven of the best VR stocks to buy right now.

1) Nvidia (NVDA)

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Nvidia is a leading provider of graphics processing units (GPUs) and software that power VR devices and applications. Nvidia’s GPUs enable high-quality graphics and immersive experiences for VR users. Nvidia also offers VR development tools and platforms, such as Nvidia Omniverse and Nvidia CloudXR, that help creators and developers build and deploy VR content. Nvidia has a dominant position in the VR market, with a market share of over 80% in PC-based VR headsets.

Nvidia is that they seem to be the leader in AI stock right now, which means there is a lot of hype around it and we have seen it surge in price.

2) Meta Platforms (META)

Meta Platforms, formerly known as Facebook, is the owner of Oculus, one of the most popular VR brands in the world. Oculus offers a range of VR headsets, such as Meta Quest 2, and Meta Quest Pro, that cater to different segments and price points. Oculus/Meta also has a large and growing library of VR games, apps, and experiences, such as Beat Saber, Horizon Venues, and Facebook Horizon Worlds. Meta Platforms is also investing heavily in developing the Metaverse, a virtual environment where people can interact and socialize through VR and other technologies.

With the Quest 3 on it’s way, a focus on Mixed Reality, we are sure there will be more investments from Meta in the VR space.

3) Apple (AAPL)

Apple enters the VR scene with the recent announcement of the Apple Vision Pro.

The Apple Vision Pro is a revolutionary device that offers a stunning mixed reality experience. It is powered by the Apple Silicon M2 Processor, which delivers high performance and efficiency. The device does not require any external controllers, as it uses advanced hand gestures, voice commands, and eye tracking to interact with the virtual world. The device runs on visionOS, a new operating system that is compatible with other Apple products and services. The device has a 3D user interface that responds to the user’s eyes, hands, and voice. The device has a 4K resolution for each eye, providing a crisp and immersive visual quality. The device comes with an external battery pack that extends the battery life to two hours. The device costs $3499 in the US, which is a reasonable price for such a cutting-edge technology.

It also integrates well with Apple’s existing ecosystem, making it easy to access and share content across devices. Investing in Apple stocks is a smart decision, as the company is always ahead of the curve and has a loyal customer base. Apple Vision Pro is likely to boost Apple’s sales and reputation, as it is a game-changer in the VR/MR industry.

Finding the right brokerage with low fees

When investing, you want to find a brokerage that offers low commission and access to a variety of VR stocks and ETFs. The online brokerage that we recommend is Interactive Brokers. Interactive Brokers is a global brokerage that offers low-cost trading, advanced trading tools, and access to over 135 markets in 33 countries.

interactive brokers

If you use the links to sign up for an account you can earn up to $1000 of IBKR stock for free to get you started.

4) Qualcomm (QCOM)

Qualcomm is a leading supplier of chips and software that power smartphones and other devices. Qualcomm’s Snapdragon platform is widely used by VR device makers, such as Quest 2, Meta Quest Pro and Pico 4 . Qualcomm’s chips enable high-performance computing, graphics, audio, and connectivity for VR devices. Qualcomm also offers VR development kits and software tools that help developers create and optimize VR content for Snapdragon-powered devices.

We are sure that Google and Samsung with soon enter the market to rival Apple, and when they do it will most like be powered with a Qualcomm Snapdragon chip. This makes it one of the best VR stocks to watch right now.

5) Unity (U)

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Unity is a leading platform for creating and operating interactive 3D content. Unity’s software is used by millions of developers and creators across various industries, including gaming, entertainment, education, automotive, and architecture. Unity’s platform supports multiple VR platforms and devices, such as Oculus Quest 2, PCVR and Pico. Unity also provides VR solutions and services that help customers design, build, and deploy immersive VR experiences.

Some of Unity’s famous VR games include Beat Saber, Superhot VR and Ancient Dungeon.

6) Matterport (MTTR)

Matterport is a spatial data company that enables users to capture, create, and share 3D models of physical spaces. Matterport’s technology can be used to create realistic and immersive virtual tours of real estate properties, museums, hotels, schools, and more. Matterport’s platform supports various VR devices and platforms, such as Oculus Go, Samsung Gear VR, Google Cardboard, WebVR. Matterport also offers a cloud-based service that allows users to store, edit, and share their 3D models online.

7) Sony (SONY)

Sony is a diversified technology company that produces consumer electronics, gaming consoles, movies, music, and more. Sony’s PlayStation VR (PSVR) is one of the best-selling VR headsets in the world, with over 5 million units sold as of January 2020. PSVR works with Sony’s PlayStation 4 (PS4) and PlayStation 5 (PS5) consoles and offers a wide range of exclusive VR games, such as Astro Bot Rescue Mission, Resident Evil 7: Biohazard, Marvel’s Iron Man VR.

The release of the PSVR 2, was a success as well. Outselling the 5 millions units of its predecessor within the first 6 weeks!

Bonus – Google and Samsung teaming up with Qualcomm

Google, Samsung and Qualcomm are joining forces to create a new mixed-reality platform that could revolutionize the way we interact with digital worlds. The three tech giants announced their partnership at Samsung’s Unpacked event, promising to deliver immersive and seamless experiences across virtual and augmented reality.

The mixed-reality platform will leverage Google’s expertise in software and services, Samsung’s leadership in display and hardware innovation, and Qualcomm’s advanced chip technology. Together, they aim to create a platform that is compatible with a wide range of devices and applications, from smartphones and tablets to headsets and glasses.

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Image: Samsung’s youtube

By partnering with Google and Qualcomm, Samsung could gain an edge over its competitors in the XR space, such as Apple, Facebook and Microsoft. Samsung has already been a pioneer in VR with its Gear VR headset and its Odyssey line of Windows Mixed Reality headsets. However, it has not released any new VR products since 2018.

Google and Qualcomm are also well-positioned to benefit from the partnership. Google has been developing its own AR and VR platforms, such as Google Lens, ARCore and Daydream. However, it has struggled to gain traction with consumers and developers due to limited hardware support and content availability. Qualcomm, on the other hand, has been supplying its Snapdragon processors to many XR device makers, such as Oculus, HTC and Lenovo. However, it has not been able to create a unified platform that can run across different devices and ecosystems.

By working together, Google, Samsung and Qualcomm could create a more powerful and versatile mixed-reality platform that could attract more users and developers. They could also leverage their existing customer base and distribution channels to reach a wider audience. Moreover, they could create synergies between their other products and services, such as Google Search, YouTube, Samsung Pay and Qualcomm 5G.

Risks

One of the challenges of investing in VR and tech stocks is that they can be volatile and risky, as the industry is still evolving and facing competition and regulation. Therefore, it is important to do your own research and due diligence before buying any VR stock. It can also be difficult to time the market, luckily both Interactive brokers and Webull have the option to set up automatic investing so you can put away a small amount each week or month.

VR is an exciting and promising technology that has the potential to transform various industries and aspects of our lives. By investing in some of the best VR stocks, you can benefit from the growth and innovation of this industry.