2 Stocks to Invest in Virtual and Augmented Reality
Augmented reality (AR) and virtual reality (VR) promise to change the world by enabling new types of immersive experiences. While still in the nascent stages today, both of these technologies could become as common as smartphones over the next decade.
According to Boston Consulting Group, the AR/VR market will expand by 113% each year through 2024, reaching $297 billion. That incredible growth rate offers investors a potentially big opportunity. So how can they capitalize on it?
The best strategy is to invest in companies that enable or benefit from these technologies, especially those that use AR or VR to differentiate their business. Specifically, investors should consider Adobe Systems (NASDAQ: ADBE) and Microsoft (NASDAQ: MSFT). Here's why.
Source Fool.com
