Best Virtual Reality Stocks to Watch - March 20th

Keeping an eye on the right stocks can provide a great opportunity for investors, especially within the exciting field of virtual reality (VR). As of March 20th, five VR stocks are currently attracting attention:

Meta Platforms (META)

Meta Platforms, Inc. is at the forefront of VR technology. The company focuses on developing products that enable connections and sharing among users across various platforms, including virtual reality headsets. Its operations are divided into two segments: Family of Apps and Reality Labs. The Family of Apps includes well-known services like Facebook, Instagram, Messenger, and WhatsApp, while Reality Labs is dedicated to virtual and augmented reality innovations.

Recently, Meta's stock price rose by $11.88, reaching $595.94 during trading, with a significant trading volume of 13,844,530 shares. Meta has a market capitalization of $1.51 trillion and a price-to-earnings ratio of 24.90, indicating a sizable presence in the market.

EPAM Systems (EPAM)

EPAM Systems, Inc. specializes in digital platform engineering and software development globally. They provide comprehensive engineering services, including platform selection, customization, and integration—important for businesses looking to implement VR technology.

The stock experienced a downturn of $8.27, closing at $172.60, with a trading volume of 781,522 shares. EPAM Systems holds a market cap of $9.82 billion and a price-to-earnings ratio of 22.00, reflecting substantial investor interest.

Best Buy (BBY)

Best Buy Co., Inc. is a key player in the retail space for technology products, including VR hardware. Their stores cater to consumer needs for computing devices, mobile phones, and various electronics essential for virtual reality experiences.

The stock increased by $0.39 to reach $74.18, with a trading volume of 895,669 shares. It has a market capitalization of $15.86 billion and a price-to-earnings ratio of 12.69, demonstrating its significance in the retail electronics sector.

Unity Software (U)

Unity Software Inc. operates a renowned real-time 3D development platform essential for creating VR content. The company enables developers to build, run, and monetize immersive experiences across multiple devices, including VR and AR hardware.

Unity's stock saw a decrease of $0.42, settling at $21.14, while its trading volume reached 2,379,113 shares. With a market cap of $8.66 billion, Unity's innovative solutions position it well within the VR market.

GameStop (GME)

GameStop Corp. is a specialty retailer providing video games and entertainment products, including VR accessories and games. Their physical stores and online platforms are essential for gaming enthusiasts, especially those interested in virtual reality.

The stock price dropped slightly by $0.01, reaching $23.70, with a trading volume of 1,205,791 shares. GameStop holds a market cap of $10.59 billion, making it a notable player in the gaming retail industry.

Overall, these five stocks offer valuable investment opportunities for those looking to delve into the rapidly expanding world of virtual reality.

stocks, virtual, reality, investments, technology