10 Best Augmented Reality Stocks To Buy Now

4. Alphabet Inc. (NASDAQ:GOOG)

Number of Hedge Fund Holders: 202

Alphabet Inc. (NASDAQ:GOOG) is a holding company with segments including Google Services, Google Cloud, and Other Bets. The Google Services segment operates various services and products, including Android, Google Maps, Google Play, Chrome, Search, and YouTube.

Google employs AR in several ways. For instance, the Live View segment on Google Maps allows users to orient themselves to the area around them and view directions on a live screen of their surroundings. In November, Google introduced a new augmented reality feature in Google Maps that allows users across the globe to interact with and explore the most iconic landmarks in Paris from the comfort of their homes.

Similarly, Google Lens allows users to search for what they see promptly. Users can identify plants and animals and even scan and translate text. They can also visualize several other elements, such as how makeup products would look on their face, and how furniture pieces would look in their houses.

In its quest to advance in the field of AR, the company is testing new language capabilities on its AR glasses prototypes, seeing how communication would take place between a user and someone who speaks a different language or might be deaf. Alphabet Inc. (NASDAQ:GOOG) ranks fourth on our list of the 10 best augmented reality stocks to buy now.