How Can I Invest In Virtual Reality?
New virtual reality (VR) and closely related augmented reality (AR) technology have been hyped by a few entertainment headset makers like Facebook (NASDAQ: FB), Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG), and Samsung (NASDAQOTH: SSNLF). While the technology is traditionally associated with video games, the market is expanding to encompass a broader range of entertainment like movies and is finding its way into some workplaces.
Last year, the combined VR and AR industry racked up a total of $6.1 billion in sales. That's not much in the grand scheme of things, but some estimates have those sales surging to $13.9 billion in 2017 and to as much as $140 billion in a short three year period. If such growth transpires, the fledgling technology is worth putting some money on now.
The problem is that there aren't many pure-play VR investments out there -- investors are primarily left with technology giants that are betting on the tech to drive incremental growth. But with sales possibly taking off in the years to come, the various stocks of those companies are an intriguing option nonetheless.
Source: Fool.com
Alphabet Inc. A Stock
The stock is one of the favorites of our community with 102 Buy predictions and 1 Sell predictions.
As a result the target price of 180 € shows a positive potential of 24.9% compared to the current price of 144.12 € for Alphabet Inc. A.
