5 Best Augmented Reality Stocks to Invest In

1. Microsoft Corporation (NASDAQ:MSFT)

Number of Hedge Fund Holders: 262

Microsoft Corporation (NASDAQ:MSFT) began its AR journey in 2016 with the release of the HoloLens, a mixed reality headset that was designed to enable businesses to run simulations on real-world operations and solve problems using augmented reality. In 2019, the company released the second generation of its HoloLens, the HoloLens 2, which is up for commercial use. The HoloLens is being widely used in industries across manufacturing, healthcare, engineering, education, and construction among others. Companies like Airbus SE (EPA:AIR), LyondellBasell Industries NV (NYSE:LYB), BHP Group Ltd (NYSE:BHP), and Toyota Motor Corp (NYSE:TM) are a few to name that are using the HoloLens to optimize business operations.

On February 4, 2022, Tigress Financial analyst Ivan Feinseth raised his price target on Microsoft Corporation (NASDAQ:MSFT) to $411 from $366 and maintained a Buy rating on the shares f0llowing the company’s “strong quarter”.

Insider Monkey identified 262 hedge funds long Microsoft Corporation (NASDAQ:MSFT) at the close of the fourth quarter of 2021. The total stakes of these funds amounted to $75.66 billion, up from $65.87 billion in the prior quarter with 250 hedge funds. The investor sentiment for the stock is positive.

As of December 31, 2021, Fisher Asset Management owns the most shares of Microsoft Corporation (NASDAQ:MSFT) making the hedge fund the largest stakeholder in the company. According to our data, ken fisher’s hedge fund owns more than 26.8 million shares of stock, which amount to a stake value of over $9.02 billion.

Motiwala Capital mentioned Microsoft Corporation (NASDAQ:MSFT) in its fourth-quarter 2021 investor letter, here is what the firm had to say:

“Microsoft (NASDAQ:MSFT) re-enters our portfolio after a long gap. MSFT sells enterprise and consumer software products as well as hardware products such as the Xbox video game console and Surface laptops. All business segments experienced double-digit revenue growth and earnings per share have compounded in the mid-double digits over the last 5 years. We believe MSFT continues this momentum in the years ahead.”

You can also take a look at 15 Best Semiconductor Stocks to Buy Now and Top 10 Undervalued Tech Stocks.

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