5 Best Virtual Reality Stocks to Invest In

In this article, we will discuss the 5 best virtual reality stocks to invest in. If you want to go through our detailed analysis of the virtual reality industry which highlights key trends and major players, you can directly go to the 12 Best Virtual Reality Stocks to Invest In.

5. Apple Inc. (NASDAQ:AAPL)

Number of Hedge Funds Holders: 135

The Apple Vision Pro stands as Apple Inc. (NASDAQ:AAPL)’s foray into the realm of augmented and virtual reality headsets, a project that has undergone more than a decade of development. This device represents Apple’s inaugural venture into a novel product category since the introduction of the Apple Watch in 2015. With a price tag of $3500, the Vision Pro was unveiled at WWDC 2023 in June, with plans for its official release scheduled for the early months of 2024, encompassing the period from January to late April.

Our hedge fund data for the second quarter shows 135 hedge funds long Apple Inc. (NASDAQ:AAPL). Their total stake value was $194 billion. Holding 915.56 million shares in the company, Warren Buffett’s Berkshire Hathaway was the largest stakeholder in Apple Inc. (NASDAQ:AAPL) at the end of the second quarter.

Silver Ring Value Partners made the following comment about Apple Inc. (NASDAQ:AAPL) in its first-quarter 2023 investor letter:

“Exited the Apple Inc. (NASDAQ:AAPL) put options position, as I came to the conclusion that I was wrong about the degree to which the stock is overvalued. While I still believe it’s optimistically priced, the fundamentals over the last few years made me believe that my initial decision to buy the put options was wrong.”