Then again, if you look at the charts, the AR stocks still seem to be going up, while GameStop seems to be on the way down.įor reference, I have included a chart comparison of the AR stocks since December 10th, 2020, to Gamestop. Ok, it does help that GameStop has been falling, but it is still up over 15x in one year. The rise in the AR Stocks got me wondering, how did they compare to the now-famous/infamous GameStop stock? It turns out that as of today, both Kopin and Microvision have a greater 1-year percentage gain than GameStop. Back on May 5th, 2020, I wrote about what seemed like Microvision’s meteoric climb to $1.10/share in Microvision Worth More Dead Than Alive – Stock Jumps 147% in a Day, and it is now up over 10X from that point. Microvision’s 52 week low was $0.15 back in March 2020, and it is up an astounding 77x from that point in less than 1 year. Something else to note in the chart below is how the four AR companies tend to go up and down simultaneously, suggesting significant market space momentum is at play.ĭigging a little deeper. Once again, Nasdaq had a good year growing 24% (the Nasdaq has averaged about 3% per year for the last 10 years0, but Kopin is up 1,807% (>18x), Microvision 1,786%, Vuzix 605%, and eMagin 497%. Then let’s look at the last year for the four AR companies versus the Nasdaq. But Kopin was up 341% (3.41x), Microvision 321%, while Vuzix was up “only” 202%, and eMagin 151%. The Nasdaq was up a very strong 14% over a little less than two months. The Nasdaq Compositeįirst, let’s look at the four AR stocks versus the Nasdaq Composite since December 10th, 2020. Furthermore, while GameStop appears to be on the way down, the AR stocks are still heading upwards. Yes, it helps that GameStop has retreated from its astronomical highs, but it is still up over 15x in the last year. Guess what? In the last year, two of the AR stocks have beat GameStop as of today. I then decided to compare these four AR stocks against the much talked about GameStop (GME) for fun. I saw both my positions in Microvision and Emagin jump since December 10th, 2020, and that led me to check out other (mostly) “pure-play” AR stocks, namely Kopin (LCOS and OLED microdisplays) and Vuzix (AR headsets). I do not have any positions in Vuzix or Kopin, and I have never shorted a stock. I hold positions in these stocks, not because I necessarily believe in the technology behind these products, but rather because I thought people would be buying these stocks. I currently hold stock in Microvision (laser scanning microdisplays) and eMagin (OLED microdisplays), which are discussed in this article (more on that later).
I want to be clear that I am not a stock analyst or expert, and nothing in this article is meant to constitute stock advice.
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