5 Best Virtual Reality Stocks to Buy

1. Microsoft Corporation (NASDAQ:MSFT)

Number of Hedge Fund Holders: 258

Microsoft Corporation (NASDAQ:MSFT) is one of the world’s largest technology companies. Primarily known for its Windows operating system, the firm also sells gaming consoles, virtual reality products, and notebooks. It is headquartered in Redmond, Washington, the United States.

Microsoft Corporation (NASDAQ:MSFT) sells some of the most advanced virtual reality headsets in the world. These include its HP Reverb G2 headset, which allows gamers to play a wide variety of VR games such as Half Life: Alyx, Star Wars, and The Walking Dead: Saints & Sinners. Microsoft Corporation (NASDAQ:MSFT)’s HoloLens 2 headset is targeted towards a wider use base such as manufacturing, engineering, education, and healthcare. The firm claims to have helped aerospace giant Lockheed Martin improve its assembly manufacturing process by 90% and automaker Mercedes-Benz improve technician efficiency by 40% through the HoloLens 2. The HoloLens also let the National Aeronautics and Space Administration (NASA) virtually teleport a doctor to the International Space Station (ISS).

258 out of the 895 hedge funds part of Insider Monkey’s Q2 2022 survey had bought Microsoft Corporation (NASDAQ:MSFT)’s shares.

Out of these, Ken Fisher’s Fisher Asset Management is Microsoft Corporation (NASDAQ:MSFT)’s largest investor. It owns 28 million shares that are worth $7.3 billion.

Lakehouse Capital mentioned the company in its Q3 2022 investor letter. Here is what the fund said:

“During the month, the Fund initiated a new position in Microsoft Corporation (NASDAQ:MSFT), a name that is no doubt familiar to our investors. The company was founded by Bill Gates and Paul Allen in a friend’s garage in 1975 and began dominating the operating system market with MS-DOS by the mid-1980s. The company has come a long way since then and is now widely considered the most critical and indispensable IT mega-vendor for businesses globally. In addition to its well-known Windows operating systems and Office productivity suite, the company has a broad portfolio of strategic products, including a rapidly growing public cloud business in Azure and a sizeable gaming presence.

Disclosure: None. You can also take a look at 10 Best Delivery Stocks to Invest In and 10 Best EV Battery Stocks to Buy in Late 2022.

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