5 Best Virtual Reality Stocks to Invest In

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1. Microsoft Corporation (NASDAQ:MSFT)

Number of Hedge Funds Holders: 300

As other hardware and software enterprises concentrate on the consumer sector, Microsoft Corporation (NASDAQ:MSFT) has chosen to directly target enterprise clientele with its VR technology. Microsoft Corporation (NASDAQ:MSFT) characterizes its HoloLens device as an “autonomous self-contained holographic tool equipped with enterprise-ready functionalities.” The company is actively promoting this device to industries such as manufacturing, healthcare, and education. It even offers a dedicated collection of industry-specific applications and boasts over 200 partner applications tailored for use with the HoloLens.

According to Insider Monkey’s second quarter database, 300 hedge funds were bullish on Microsoft Corporation (NASDAQ:MSFT), compared to 289 funds in the earlier quarter. Billionaire Bill Gates’ Bill & Melinda Gates Foundation Trust is the largest Microsoft stakeholder, with a position worth $13.37 billion.

Ariel Global Fund made the following comment about Microsoft Corporation (NASDAQ:MSFT) in its Q1 2023 investor letter:

“Enterprise software provider, Microsoft Corporation (NASDAQ:MSFT) also traded higher in the period alongside the investor enthusiasm for Artificial Intelligence. Microsoft is well positioned as this new technology advances given its large investment in Open AI, the parent company of ChatGPT. Looking ahead, we continue to like Microsoft’s solid fundamentals, competitive positioning and long-term business outlook. We anchor on the company driving value creation by capitalizing on a broad and deep set of opportunities, most notably within Azure, its hybrid cloud infrastructure. The platform continues to demonstrate share gains and strong multi-year purchase intent as enterprises transition to cloud based platforms. At current trading levels, we believe Microsoft’s risk/reward is skewed to the upside.”

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See also Starter Stock Portfolio: 15 Safe Stocks To Buy and 12 Dividend Kings To Buy For Safe Dividend Growth.

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