“Metaverse” is becoming a hot topic among investors now, and “metaverse stocks” are both. It has swiftly become one of the most popular financial trends. Thus, if you are curious about how to invest in metaverse stocks or to look for the best metaverse stocks for your investment, News Coincu will help you to start through this article.
What are Metaverse Stocks?
More than just a buzzword, the metaverse is the virtual world where physical and virtual realities merge. Many people don’t even know it and are living, working, and playing in this online space. Thus, the metaverse becomes a potential investment for almost all technology companies and others in various fields.
Metaverse stock is the money raised by metaverse-related enterprises and corporations through the issuance and subscription of shares.
How to buy Metaverse Stocks?
As of now, the total value of the platform in space is worth 188 billion dollars, and it is predicted to increase by about 39% in the next seven years. To buy the metaverse stocks, you need a digital wallet and the ability to swap coins.
When joining up for an exchange, different platforms may have different rules. For example, some may need to Know Your Customer (KYC) identification. Nonetheless, this process is typically simple if you have all your personal ID information for verification.
Top Metaverse Stocks to buy in 2022
Meta Platform Inc. (Facebook)
One of the best metaverse stocks to buy is Facebook. In December 2021, Facebook announced that they would rebrand their business to Meta Platforms. Meta Platforms was also the first company to be excited about the metaverse and its concept, which we understand today. Not only is the company investing heavily in the advancement of immersive technologies through successful products such as the VR headset Oculus, but Meta Platforms is also pursuing an AI supercomputer. The company’s revenue is still generated through two huge social platforms, Instagram and Facebook.
Regarding stock price action, Meta Platforms has performed extremely well since going public in 2012. In particular, in the last 5 years, the share value of this company has risen by nearly 60%. However, recently, Tiktok, another social platform founded in China, is becoming a greater competitor to Meta Platforms. Consequently, Meta’s profit decreased, leading to a decline in its share value. The stock, in detail, dropped by around 40%. Regardless, Meta Platforms is also a potential company to buy stock in, given its high position and great opportunities in the future of the Metaverse.
Microsoft Corporation (MSFT)
Another top metaverse stock to consider is Microsoft Corporation. It also started its journey into the world of Metaverse by creating an enterprise Metaverse that plays a virtual representation of all Microsoft tools. Next, the company will launch the Microsoft Mesh, which allows users to attend meetings virtually through unique avatars and immersive experiences. Besides, Microsoft Corporation is ambitious to acquire the gaming giant Activision Blizzard because it is evaluated as having a crucial role in building Microsoft’s world in the Metaverse.
The combination of Microsoft’s new endeavors and its stable position in the tech industry makes Microsoft become one of the best metaverse stocks to buy now. What’s more, unlike the other tech stocks, Microsoft pays dividends. Microsoft will promise to perform well when there are gains of over 350% in the past five years.
Roblox Corporation (RBLX)
Roblox Corporation was founded in 2004 and is a video game developer which plays an important role in the gaming industry. After building a virtual world in the Metaverse, its popularity among young users and investors has increased.
Roblox’s platform in the Metaverse currently attracts over 47 million daily active users. Roblox gained a great head start in the Metaverse scene by being the host of several virtual events and concerts. Thus, it makes Roblox one of the top metaverse stocks to consider.
In March 2021, the company went public, and its stocks recorded marked volatility. Within a year, Roblox’s stock peaked at its all-time high of $141, while its lowest price was at $35.
NVIDIA is a semiconductor company that manufactures graphics processing units and fast-processing chips. These chips are integrated into Meta Platform’s future supercomputer, the AI Research SuperCluster, which is believed to play a key role in building technologies for the Metaverse. Besides not only investing in 3D technology, but NVIDIA also created Omniverse, a scalable, real-time reference development platform. Despite being introduced in a short time, this product is already being utilized by thousands of creators. In addition to the Omniverse, Nvidia’s GPUs will be in great demand for providing a 3D content experience in the Metaverse.
According to investors, NVIDIA might bring investment opportunities, even without associating with the Metaverse, because it is in an impressive growth period in video games and big data sectors. Thus NVIDIA is on the top best metaverse stock 2022.
Unity Software Inc. (U)
Unity Software is a tech company proposed to play a crucial role in the expansion of the Metaverse. The platform will solve various problems that enable the development of software programs. It also provides tools for engineers, designers, and architects to develop 3D content for virtual space.
The company is working on numerous platforms to construct new Metaverse worlds, including Insomniac Events. The stock value of Unity Sector has risen by approximately 45% since becoming a public company in 2020.
Unity Software recently took a first step in the partnership-building process by forming a few other notable relationships outside of the Metaverse market. Examples include getting on board with eBay to provide a 3D view solution or collaborating with Hyundai Motor Company to create a digital-twin factory to upgrade logistics.
Top Metaverse stocks to watch
Based on the prediction about trending, price increases,s and the potential development in the future, we might list some metaverse stocks to watch right now.
NVIDIA usually lays claim to the top gaming and metaverse stock, both for the present and the future. As mentioned above, NVIDIA’s product, Omniverse, is a great platform for the virtual world. Thus, it has caught the attention of many customers, including manufacturers, game developers, and engineering firms. Few firms can compete with Nvidia in terms of powering virtual reality apps. NVIDIA needs to be added as your metaverse stock to watch.
Unity Software’s stock is predicted to double in 2022 because its software has been used to create over 70% of the top 1,000 mobile games. It also answers why Unity Software should be included in top metaverse stocks to watch. Besides, Unity’s position is also believed to be more stable after the acquisition of Weta Digital. If you do not know about Weta, the company’s technology has been utilized to create visual effects for various television series and films, including Game of Thrones and The Lord of the Rings.
Meta Platforms have recently invested heavily in building the metaverse and advertising its social media platforms, which are becoming increasingly popular in real life. According to CEO Mark Zuckerberg, the company’s goal is to help bring the metaverse to at least 1 billion users. The best reason to watch Meta Platforms is that it is just a few organizations with the resources to concentrate on the full metaverse ecosystem.
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DISCLAIMER: The Information on this website is provided as general market commentary, and does not constitute investment advice. We encourage you to do your own research before investing.