5 Best Augmented Reality Stocks Under $5

2. MicroVision, Inc. (NASDAQ:MVIS)

Share Price as of February 6: $2.36

Number of Hedge Fund Holders: 6

MicroVision, Inc. (NASDAQ:MVIS) creates and markets lidar sensors specifically designed for automotive safety and self-driving car systems. It is one of the top augmented reality stocks under $5. The company’s technology relies on laser beam scanning, utilizing micro-electrical mechanical systems, laser diodes, opto-mechanics, electronics, algorithms, and software. The company primarily supplies its products to original equipment manufacturers and original design manufacturers.

As per Insider Monkey’s third quarter database, 6 hedge funds were bullish on MicroVision, Inc. (NASDAQ:MVIS), down from 11 funds in the prior quarter. Daniel S. Och’s Sculptor Capital held a significant position in the company, with 249,200 shares valued at $545,748.

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