5 Best Augmented Reality Stocks Under $5

In this article, we discuss 5 best augmented reality stocks under $5. If you want to read our detailed discussion on the augmented reality industry, head over to 10 Best Augmented Reality Stocks Under $5.

5. Vuzix Corporation (NASDAQ:VUZI)

Share Price as of February 6: $1.66

Number of Hedge Fund Holders: 3

Vuzix Corporation (NASDAQ:VUZI) creates, produces, promotes, and distributes augmented reality wearable display and computing devices. They cater to both consumer and enterprise markets worldwide. The company sells its products through different channels including resellers, distributors, direct sales to commercial clients, and online stores, including Vuzix-operated web stores present in the United States, Europe, and Japan.

According to Insider Monkey’s third quarter database, 3 hedge funds were bullish on Vuzix Corporation (NASDAQ:VUZI), compared to 7 funds in the last quarter. Cathie Wood’s ARK Investment Management held the largest position in the company, with over 6.2 million shares valued at $22.66 million.

4. Fujian Blue Hat Interactive Entertainment Technology Ltd. (NASDAQ:BHAT)

Share Price as of February 6: $1.01

Number of Hedge Fund Holders: 4

Fujian Blue Hat Interactive Entertainment Technology Ltd. (NASDAQ:BHAT) creates, manufactures, markets, and sells animated toys that integrate mobile gaming elements, intellectual property, and related products across the globe. They use different channels for distribution, including local distributors, online shopping platforms, supermarkets, and export channels. The company was founded in 2010 and is headquartered in Xiamen, China.

On December 22, Fujian Blue Hat Interactive Entertainment Technology Ltd. (NASDAQ:BHAT) announced financial results for the first half of 2023. The company reported a GAAP EPS of -$0.33 and a revenue of $46.3 million.

As per Insider Monkey’s third quarter database, 4 hedge funds were bullish on Fujian Blue Hat Interactive Entertainment Technology Ltd. (NASDAQ:BHAT), up from 3 funds in the previous quarter. Ryan Tolkin’s Schonfeld Strategic Advisors is the leading shareholder of the company, with 156,400 shares valued at $214,268.

3. Kopin Corporation (NASDAQ:KOPN)

Share Price as of February 6: $2.31

Number of Hedge Fund Holders: 6

Kopin Corporation (NASDAQ:KOPN) and its subsidiaries create, design, produce, and distribute micro-displays, subassemblies, and associated parts for defense, enterprise, industrial, and consumer products. Their operations span across the United States, Asia-Pacific, Europe, and other global markets. Founded in 1984, the company is based in Westborough, Massachusetts. Kopin Corporation (NASDAQ:KOPN) is one of the best augmented reality stocks.

On November 9, Kopin Corporation (NASDAQ:KOPN) announced a Q3 GAAP EPS of -$0.01 and a revenue of $10.6 million, exceeding Wall Street estimates by $0.02 and $0.57 million, respectively. 

As per Insider Monkey’s third quarter database, 6 hedge funds were bullish on Kopin Corporation (NASDAQ:KOPN), in contrast to the preceding quarter when 11 funds had invested in the stock. Constantinos J. Christofilis’ Archon Capital Management is the largest shareholder of the company, with 4.07 million shares worth $4.96 million. 

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.

1. Himax Technologies, Inc. (NASDAQ:HIMX)

Share Price as of February 6: $5.64

Number of Hedge Fund Holders: 9

Himax Technologies, Inc. (NASDAQ:HIMX) is a semiconductor company that specializes in display imaging processing technologies. Being one of the best augmented reality stocks at a little over $5, the company operates across different regions including China, Taiwan, the Philippines, Korea, Japan, Europe, and the United States. The company’s business comprises two segments – Driver IC and Non-Driver Products.

On November 9, Himax Technologies, Inc. (NASDAQ:HIMX) announced a Q3 GAAP EPADS of $0.06 and a revenue of $238.5 million, beating estimates by $0.02 and $8.9 million, respectively.

According to Insider Monkey’s third quarter database, 9 hedge funds were bullish on Himax Technologies, Inc. (NASDAQ:HIMX), up from 6 funds in the previous quarter. Paul Marshall and Ian Wace’s Marshall Wace LLP is the top shareholder of the company, with 1.47 million shares worth $8.56 million.

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