Virtual reality is one of the latest technologies in the industry and it’s become a hot investors niche. If you’re looking for stocks to invest in then you may want to consider one of the stock options that are currently available. Here re the five companies that may be worth thinking about for stock investment in 2019.
1. Sony (NYSE:SNE)
Sony is the industry leader in the production and sales of virtual reality headsets. They currently market them throughout the world. They have sold over three million PSVR headsets as of August of 2018 and there is no sign of the sales slowing. As a part of this, they have also surpassed the 1 million mark for sales of their Oculus Rift as well as the HTC Vive. They are a financially stable company that is doing very well on the market and there is the likelihood that they will be upgrading their VR products for the upcoming year which usually creates a peak in sales from consumers who want to own the latest editions of these accessories. Virtual reality is still a new technology but it’s a highly popular one and Sony made the wise choice to lay bets on the success of the technology and so far, it’s been a good wager.
2. Oculus through Facebook (NASDAQ:FB)
Facebook made the acquisition of the virtual reality company Oculus in 2014. The deal cost them $3 billion but it was a good investment for them. Although it has ot yet reached its critical mass and there are quite a few investors who are holding back, if you’re going to invest in VR, this is a solid stock to put your money into. Oculus is a part of FB, so you’ll actually be investing in both at the same time if you choose to purchase stock. When you consider that the average Oculus devices go from between $200 to $400 a set, there is a good likelihood of profit. There are rumors that Oculus Quest is going to take a huge step forward in 2019, so this is definitely a stock to watch.
3. Alphabet (NASDAQ:GOOGL)
Alphabet is the parent company of GOOGL and they currently offer both high end and lower end VR devices so they’re within the reach of everybody. They sell Google Cardboard VR units for just $2 and have already marketed more than two million of them. They’re making investments of millions of dollars in new VR startup companies so we’d say that Googl is a good investment if you’re interested in VR stock. They offer products that are inexpensive and smartphone enabled which makes them attractive to the public.
4. Go Pro: (NASDAQ:GPRO)
GoPro is one of the riskiest virtual reality stocks currently. It’s possible that the company has already reached its apex but with the plans that the company has to move forward with their virtual reality sector, it may make a come back. If they are successful, investors who own stock in the company will reap the benefits. If not, the possibility of losses are also present. At the very minimum, it’s a stock that bears watching because you never know. The new VR direction may be what they need to turn their company around and start heading in the right direction.
5. NVIDIA (NASDAQ:NVDA)
Nvidia (NASDAQ:NVDA) is a successful company which has earned a solid reputation for its creation of chips that support the video gaming industry. It was only natural that they would evolve into the new technology of virtual reality. They have established a division within their company that is strictly committed to Virtual Reality development. The company employs a crew of professional developers working on the projects. They’re dedicating efforts for developing faster GPUs for VR technology and they’re involved in a variety of projects in this area. They supply Nvidia chips for VR ready notebooks and their GPUs are already powering PCs which are Oculus ready. They are positioning themselves to be a very powerful and necessary force within the virtual reality sector of the technology industry. If you’re looking for a more stable virtual reality stock to invest in then Nvidia is the least risky of the five presented.