Top Virtual Reality Stocks Worth Watching - March 24th

Meta Platforms, Best Buy, GameStop, Unity Software, and EPAM Systems are the top five virtual reality stocks to keep an eye on today, as noted by various financial tools. These companies are involved in creating, manufacturing, or distributing products and services related to virtual reality technology. Their offerings include VR headsets, software platforms, and related hardware, making them part of a rapidly evolving tech industry.

Meta Platforms (META)

Meta Platforms, Inc. focuses on product development that helps people connect with family and friends via mobile devices, personal computers, and virtual reality headsets. The company is divided into two main segments: Family of Apps and Reality Labs. The Family of Apps segment includes popular platforms like Facebook, Instagram, Messenger, and WhatsApp, providing various ways for users to communicate and share content.

Recently, shares of META saw an increase of $17.63, trading at $613.88 during Monday's session. In total, 10,268,972 shares exchanged hands, slightly below the average of 13,791,255. Meta holds a robust market positioning with a market cap of $1.56 trillion and a P/E ratio of 25.71, indicating its substantial growth potential.

Best Buy (BBY)

Best Buy Co., Inc. operates as a retailer of technology products across the United States, Canada, and beyond. Their stores sell various tech products, including desktops, mobile phones, tablets, and smart home devices. They also feature a selection of entertainment products, such as cameras and sound systems.

On Monday, Best Buy shares rose by $1.19, reaching $74.75, with a trading volume of 1,480,300 shares, compared to an average of 2,962,542. The company has a market cap of $15.98 billion and a P/E ratio of 12.79, reflecting its stable position in the market.

GameStop (GME)

GameStop Corp. is a specialty retailer offering games and entertainment products through both physical stores and e-commerce. The company deals in new and pre-owned gaming systems, accessories, software, and digital content.

During mid-day trading on Monday, shares of GME increased by $0.83, hitting $25.58. The trading volume was 3,272,130, while the average stood at 19,389,401. GameStop's market capitalization is $11.43 billion, with a notable P/E ratio of 141.79, highlighting its fluctuating market performance.

Unity Software (U)

Unity Software Inc. provides a real-time 3D development platform that allows creators to develop, run, and monetize various types of interactive content, including mobile phones, PCs, and augmented and virtual reality devices.

The stock price rose by $1.04 on Monday, closing at $22.59 with 3,665,572 shares changing hands, compared to the average of 10,554,928. Unity has a market cap of $9.25 billion and a debt-to-equity ratio of 0.70.

EPAM Systems (EPAM)

EPAM Systems, Inc. specializes in digital platform engineering and software development, delivering technical services globally. They offer comprehensive engineering services that cover platform selection, implementation, and integration.

On Monday, EPAM shares increased by $2.31, trading at $177.61 with a total volume of 213,164 shares. The company maintains a market cap of $10.10 billion and a P/E ratio of 22.74, indicating solid growth prospects.

Overall, keeping track of these virtual reality stocks may provide valuable insights into the future of this innovative sector.

Meta, BestBuy, GameStop, Unity, EPAM