Laura Alber the CEO of Williams-Sonoma (WSM) was just on CNBC discussing how her company is beginning to bet big on Augmented Reality (AR) technology – with the company having just announced that it is acquiring the AR 3D imaging start-up Outward Inc. for $112 million in cash!
Although Outward has applied for six AR patents, it has not yet been granted any. NIA’s Vuzix (VUZI) over the last twelve months has expanded its patent portfolio by 53% and now has over 100 AR patents/patents-pending! VUZI has the largest and most valuable patent portfolio in the entire AR space.
With WSM paying $112 million cash for Outward, NIA is now 1,000% confident that VUZI in a bidding war would attract bids in the $300-$500 million range, valuing the stock between $13.53 and $22.55 per share. NIA is 1,000% confident that VUZI will reach double digits in the very near-term future!
This morning, VUZI hit a high of $6.80 per share and has already gained by 20.4% from NIA’s suggestion last week at $5.65 per share!
NIA has just discovered another NASDAQ tech stock that looks ready to explode in the upcoming days! We will be making a MAJOR announcement this afternoon!
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. NIA has received compensation from a third-party for covering VUZI of $20,000 cash. Never make investment decisions based on anything NIA says. This message is meant for informational and educational purposes only and does not provide investment advice.