Are there any stocks you feel comfortable recommending or talking about in Augmented Reality ?

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Asked on October 8, 2020 6:49 am
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Thank you very much

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Posted by Rob Flach
Answered on October 8, 2020 7:19 pm
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I concur with Dan - if you are looking for reliable pure-play options in the industry - they are few and far between. Many of the big tech companies are engaged in AR in one way shape or form. In terms of a pure AR play, with the exception of NTAR very few have proven to be reliable. There was a big AR boom a few years ago, and most of these small/nano/micro caps crashed.

Mat

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Posted by Mathieu Litalien
Answered on October 8, 2020 11:11 am
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Couple that come to mind for me are NexTech and ImagineAR. ImagineAR is a nano-cap stock, and we really don't speak on them much simply because of the danger and heightened risk of investing in nano-caps.

These stocks often ride a ton of momentum as we can see with NexTech hitting the $10 level. It has since came back to reality and is still trading at 92 times sales and 32 times book. This company just doesn't have enough fundamental history for me to comment on without a high degree of speculation.

This is a company that has a market cap of nearly $400 million and had next to no revenue, hence the near 100 times sales. A poor quarter could bomb the company's stock price.

There is no doubt the company has potential and could be one of the industry leaders. But, it comes with a high degree of speculation. If you do invest, just invest with money you'd be comfortable losing.

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Posted by Dan Kent
Answered on October 8, 2020 9:00 am