Last year, the Virtual Reality and AR businesses together generated $ 6.1 billion in revenue. That’s why investment guru Paul Mampilly says if you’re looking to buy stock, put your money in this market.
— Paul Mampilly (@Paul_M_Guru) May 18, 2017
The industry was small, headed by a few big-named makers like Samsung, Playstation and Oculus, however, today more and more manufacturers are expanding on products. Virtual reality has been heavily promoted by video gaming, and headset manufacturers, but other industries such as movies, health care, and real estate are finding ways to make VR work. According to Mampilly, there’s much opportunity to invest in technology companies betting on VR and AR.
Mampilly points out the biggest battle for the growing VR market is between tech companies and their devices. Most of the large technology companies are manufacturing headsets or video-related items and success in creating, promoting and selling to an audience could be the catalyst that determines the destiny of this market.
Playstation upped the ante in 2016 with their VR device, becoming a best-seller. It was easy to sell to their video-playing fans. But the fans who can’t afford an expensive Playstation device can still use virtual reality by buying off-brand VR headsets and downloading apps. With a 900 percent growth rate, Paul Mampilly says investors should buy into this market quickly.
The second big tip Mampilly also recommends investing in is 3-D printing. While the 3D printing industry has not grown as fast as some analysts had hoped in the last decade, the industry has managed to give companies and consumers a whole new perspective on the manufacturing process of goods. It’s now possible for designers to produce a single piece in a matter of minutes. Advancements in various components, like plastics and metals, and even working organs have made 3D printing an attractive asset to investors. Customers could definitely be looking at long-term growth because this market will expand in the future.
Former hedge fund manager, Paul Mampilly has a focus on long-term rewards, and has become one of the most respected well-known stock advisors. Early on he recognized Netflix stock was the goose that laid the golden egg, and invested wisely. Today, he offers those same type of genius stock tips in his “Profits Unlimited” newsletter. The newseletter has more than 60,000 subscribers, and so popular, it’s became the fastest growing in the industry. The author, publisher, and investing guru has enjoyed a stellar career in the industry as an account administrator, portfolio manager, analyst, and founder of a consulting firm. Mampilly has worked at well-known companies like Banker’s Trust, ING, Deutsche Asset Management, and Agora Financial. Besides consulting on various financial matters, Paul Mampilly offers advice on stock investments in his newsletter.
About Paul Mampilly: banyanhill.com/expert/paul-mampilly/