Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Is Vuzix a Top Augmented Reality Stock?


Share prices of Vuzix (NASDAQ: VUZI), a developer of augmented reality devices, skyrocketed nearly 1,500% over the past 12 months as demand for its glasses and headsets surged throughout the pandemic.

That rally boosted Vuzix's market cap from about $50 million a year ago to over $1.4 billion. Is Vuzix still a good investment on the AR market, or is there far too much growth baked into its stock price already?

Vuzix went public in 2013, the same year Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) Google unveiled Google Glass. Intel (NASDAQ: INTC) bought 30% of Vuzix in 2015.

Continue reading


Source Fool.com

Like: 0
Share

Comments