5 Best Virtual Reality Stocks to Buy

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1. Facebook, Inc. (NASDAQ: FB)

Number of Hedge Fund Holders: 242  

Facebook, Inc. (NASDAQ: FB) is a Menlo Park-based technology firm that owns and operates several social networking platforms. It also has stakes in the virtual reality sector. The firm has set up a virtual reality research lab to power innovation and develop new applications for the technology. The company believes that virtual reality advances help make social connections better and eventually plans to introduce VR-based tech into social platforms it operates like Facebook, Instagram, and WhatsApp. 

Facebook, Inc. (NASDAQ: FB) stock soared more than 7% on April 29 to all-time highs after the firm released a strong quarterly earnings report. The company is also exploring the offering of new tools to creators that will enable them to market their skills for commercial use. 

Out of the hedge funds being tracked by Insider Monkey, Washington-based investment firm Fisher Asset Management is a leading shareholder in the firm with 4.7 million shares worth more than $1.3 billion.

Our calculations show that Apple Inc. Facebook, Inc. (NASDAQ: FB) ranks 3rd in our list of the 30 Most Popular Stocks Among Hedge Funds.

You can also take a peek at 10 Best Travel Stocks to Buy Right Now, and 10 Best Automotive Stocks to Invest in Now.

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