Do you know what the metaverse is? In short, the metaverse is a virtual environment in which you work and interact using an avatar, with an emphasis on global social interactions. You can experience this using augmented reality (AR) or virtual reality (VR), and they need a market where people can make and trade in an online world.
No matter how stocks perform in the coming week or month, a few sectors should be big winners in the long run. One of them, I believe, is the metaverse. Here are five compelling metaverse stocks to buy in 2022 if you’re a long-term investor.
Nvidia is a leader in artificial intelligence (AI). It’s one of the greatest stocks for gamers to buy. And it’s a top metaverse investment today and in the future. While many companies compete for a slice of the metaverse, Nvidia is providing a profitable product. Virtual 3D design collaboration and simulation are possible with the Omniverse platform. Omniverse is used by manufacturers, engineering departments, and game developers.
Nvidia’s graphics processing units (GPUs) should be in high demand in the long run when the metaverse is constructed. Some companies can compete with Nvidia in terms of powering virtual reality apps.
Adobe is still the undisputed king of sophisticated media. Although the corporation is likely best recognized for its Acrobat, Photoshop, and Creative Cloud products, it has also had great success with its Aero augmented reality experiences.
Brent Thill, a Jefferies analyst, says that “Adobe is the strongest programming play for the metaverse.” Surprisingly, Adobe CEO Shantanu Narayen
Narayen gives the sense of being entirely in accord. Narayen stated this on Adobe’s fourth-quarter earnings call in December.
The metaverse is vital to Meta Platforms’ future that the corporation changed its name from Facebook. While advertising its web-based media apps pays the bills, for the time being, Meta is working hard to construct the metaverse.
CEO Mark Zuckerberg has declared publicly that his company’s mission is to bring the metaverse to at least 1 billion people. This, he believes, will “open a substantially greater creative economy of both digital and physical things.”
4. Unity Software
Unity Software is a metaverse stock that I expect to double in value by 2022. Its product has created almost 70% of the top 1,000 adaptable videogames. Solidarity expects a comparable level of metaverse material to be created using its basis.
The metaverse will not be built by programmers. Artists will also have a considerable role. Because of the acquisition of Weta Digital, Unity is now better positioned to satisfy its demands. The company’s technology has been utilized to create visual effects for different television series and films.
The technology used by the business allows for the production of “digital twins” of existing assets such as homes, office buildings, yachts, and more.
Matterport’s market capitalization is at about $4 billion. However, the business is the 800-pound gorilla in the market for spatial data, which it pioneered. Matterport’s technology manages 6.2 million spaces, about 100 times the market’s total.
The organization has recently captured a small portion of its $240 billion total addressable markets.