Commercial Augmented Reality Is Where Vuzix Should Reward Shareholders
Commercial use augmented reality technology is set to expand from fringe to mainstream over the next five years.
Vuzix is well positioned to take advantage of this shift.
If the company can capitalize on its M300 technology and, beyond that, its M3000 hardware, it could be a serious industry player in this subsector of the AR/VR space.
Vuzix Corporation (VUZI) has been the subject of some pretty intense scrutiny here at Seeking Alpha over the last six months. The company seems to split the investment community right down the middle, with bulls pointing to the growth potential of what is essentially a brand new industry as indicative of parallel growth potential for Vuzix, while bears highlight the company’s financials to-date and its track record of relatively lackluster sales as being supportive of a valid short thesis. Read more…
