3 Stocks to Buy to Invest in Virtual Reality
Virtual reality (VR) has become one of the biggest buzz phrases in the tech world. According to Grand View Research, the VR market was valued at $21.83 billion in 2021, and it's expected to grow at a compound annual rate of 15% until at least 2030. As a result, some of the biggest names in tech are throwing their hats into the virtual ring.
Now might be a great time to invest in the leading VR companies. Here are three that are worth considering.
No company is investing more money into the growth of VR than Meta Platforms (NASDAQ: META). The company formerly known as Facebook has invested $36 billion into its metaverse-related efforts in just the last three years. However, its investment in the technology goes back to at least 2014, when it purchased VR headset manufacturer Oculus for $2 billion.
Source Fool.com