2 Top Virtual Reality Stocks to Consider Buying
As often happens with emerging technologies, the market for virtual reality is taking much longer to develop than many people originally expected. Consider that even Facebook (NASDAQ: FB) -- which has billions of users hooked into its ecosystem -- believes VR won't go mainstream for another five to 10 years. Even so, the social media juggernaut's leaders expect VR will grow into the next big computing platform -- eventually.
Not to leave such an opportunity to its rival, Alphabet (NASDAQ: GOOG) (NASDAQ: GOOG) (NASDAQ: GOOGL) is also positioning itself for a future where most of us interact with online and app content in a virtual world.
The size and scope of both of these companies make them important virtual reality plays in the coming years. Both know how to scale and manage users by the billions, which could give each an advantage in a market forecast to hit $40 billion annually by 2020.
Source: Fool.com
Alphabet Inc. A Stock
The stock is an absolute favorite of our community with 92 Buy predictions and no Sell predictions.
As a result the target price of 177 € shows a slightly positive potential of 15.07% compared to the current price of 153.82 € for Alphabet Inc. A.
