Is Vuzix Stock a Good Buy? Probably Not.
As one ages, there’s a desire to leave the world a better place than you found it. While most jobs in finance don’t ring that bell, we always get a warm and fuzzy feeling teaching people how to become better investors as opposed to telling them what exciting stock to invest in. So, whenever we see a stock many people are asking questions about, we like to dig in and see what all the fuss is about. Vuzix Corporation (VUZI) happens to be one of those stocks.
Let’s talk a bit about augmented reality (AR).
The Reality of Augmented Reality
The original augmented reality investment thesis visualized a world where everyone owns a pair of glasses that augments the real world with virtual information. Google Glass was one manifestation of this vision. Imagine Google Maps overlaying directions to the grocery store onto your field of vision. As you walk through the grocery store aisles, products are overlaid with virtual coupons. No need to ask the fishmonger what type of fish that is, because it already has a virtual label.
