5 Cheapest Augmented Reality Stocks In 2022
The world has become a digital place. This has given rise to the development of several online money-making platforms. Augmented reality stock is one of the money-making platforms. In this article, I discussed some of the cheapest augmented reality stocks. Before we go into these stocks, let us briefly know what augmented reality stocks are. Shall we?
What are Augmented Reality Stocks?
Augmented reality stocks are stocks (property) of Augmented Reality (AR). AR is a technology that serves as a link between the real world and the virtual world. It is a technology that overlays information and virtual images in reality. Then, it adds information to create a man-made environment (e.g. environments of social media apps).
AR is common in areas like e-commerce, engineering, and education, making it a good investment. Now that we’ve explained what ARS is, let’s dive into some of the cheapest augmented reality stocks with great prospects in 2022.
Cheapest Augmented Reality Stocks 2022: Top 5
Below here are the top 5 augmented reality stocks at cheap rates:
1. HiMax
Himax generates most of its sales from integrated circuits (ICs) for digital displays. Almost a quarter of Himax’s sales comes from its non-driver business. It consists of a variety of liquid crystal-on-silicon (LCOS), wafer-level optics (WLO), and depth-sensing camera components. HiMax shares rose up to 29.5% over the past six months. That’s an interesting profit for whoever had its shares before time.
2. Qualcomm (QCOM)
Qualcomm is one of Himax’s most important AR partners. It is the world’s largest producer of processors for mobile applications and baseband modems. Qualcomm is known as a telecommunications and semiconductor game.
3. SNAP
SNAP is a camera company based in the US and operates internationally. It generates the majority of its revenue from ads on Snapchat. Snap is greatly useful from the growing popularity of teenagers, as they are most of its users. And as you know, the greater the number of users, the more revenue.
4. Facebook (Ticker: FB)
Facebook is one of the cheapest augmented reality stocks in 2022. With the purchase of Oculus, Facebook introduced the AR market back in 2014. Several features on Facebook like filters for photos and videos, messenger, and stories have made AR popular. As an app that connects people across the globe, Facebook has a huge amount of users, meaning a huge revenue.
5. Apple (AAPL)
Apple Inc. (AAPL) produces and markets smartphones, PCs, tablets, and accessories across the world. They first introduced an AR software development tool called ARKit in 2017 and again in 2019, ARKit 2.0. The company’s revenue rate for the current year is 10.7%. Its iPhone stock rose 86% to $293 per share last year. Currently, the purchase of iPhones has increased so its stock value will have to.
Conclusion
These are just some of the cheapest augmented reality stocks not only in 2022 but also in the coming years. With the rise in the influence of AR and its demand in the world, so is its stock rising which is very advantageous for those who invested in it. If you want to make money in the tech business, investing in augmented reality stock is a smart move.
