5 Best Virtual Reality Stocks to Buy

2. Microsoft Corporation (NASDAQ:MSFT)

Number of Hedge Funds: 262

Microsoft Corporation (NASDAQ:MSFT) was the most valuable publicly-traded company till 2010. That was the year Apple Inc. (NASDAQ:AAPL) dethroned the tech giant. However, in the current virtual reality regime, the company is taking the lead. Microsoft Corporation (NASDAQ:MSFT) reported its first-quarter 2022 earnings in March where it beat its EPS estimates by $0.02 after reporting an EPS of $2.22. The company also beat its revenue estimates by $311.18 million after generating $49.36 billion.

On May 13, Tigress Financial analyst Ivan Feinseth reiterated a Buy rating on Microsoft Corporation (NASDAQ:MSFT) shares with a $411 price target. According to the analyst, the company remains a “dominant force” in the gaming industry.

Motiwala Capital mentioned Microsoft Corporation (NASDAQ:MSFT) in their fourth-quarter 2021 investor letter. Here is what the firm said:

“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.”