In this post, we will be taking a look at the 5 best metaverse stocks to buy now in 2022. On the other hand, if we talk about the metaverse, then the metaverse is defined by Meta as “a collection of virtual spaces where you can create and explore with people who are not in the same physical space as you are.”
Though metaverse technology is still in its early stages, it is expected to be a place where you can work, play, learn, create, shop, and interact with friends in a virtual, online environment.
If Mark Zuckerberg is correct, the metaverse is about to change everything — and that change brings opportunity.
But where is the chance? Which stocks could increase due to the company’s ability. So, without further ado, let’s get started with the best metaverse stocks to buy now in 2022
What Are Metaverse Stocks?
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Metaverse stocks are shares in companies that create, make, and sell virtual reality and augmented reality experiences and technologies. These businesses are set up to take advantage of the growing interest in making and using metaverse platforms and apps.
Top 7 Best Metaverse Stocks to Buy Now in 2023
As mentioned above, the metaverse may not exist in its fullest form for many years. So the best metaverse stocks to buy right now are companies that are already booming but will see their growth boosted by the metaverse. Here are the 5 best metaverse stocks to buy now.
- Meta Platforms Inc. (ticker: META)
- Nvidia Corporation (NVDA)
- Autodesk Inc. (ADSK)
- Adobe Inc (ADBE)
- Take-Two Interactive (TTWO)
1. Meta Platforms Inc. (ticker: META)
Meta Platform Inc. is number one on our list of best metaverse stocks. The Market capitalization of this company is about 512.69 billion USD.
On the other hand, if we talk about Meta, then Meta Platforms (ticker: META), formerly known as Facebook, is responsible for bringing the metaverse trend to investors’ minds. Ads on the Facebook and Instagram apps generate the majority of the company’s revenue.
However, Meta Platforms has another division called Reality Labs that sells hardware and VR content. Its Oculus VR headsets have sold the most in the market. As a result, making Meta a top stock for VR hardware. The company is investing billions of dollars in developing software and content for virtual and virtual reality applications, allowing it to address other metaverse angles.
2. Nvidia Corporation (NVDA)
Second on our list of metaverse stocks is Nvidia Corporation (NVDA). The Market capitalization of Nvidia Corporation is about 598.43 billion USD.
Of course, you don’t have to look for companies that have renamed themselves after the nascent technology to gain some exposure to the metaverse. Nvidia, a $321.11 billion chipmaker company that, surpassed Intel Corp. (INTC) and Broadcom Inc. (AVGO) to become the world’s most valuable semiconductor company.
Nvidia, which is already a leading provider of cutting-edge chips in fields such as artificial intelligence, cryptocurrency mining, and gaming, is positioning itself to benefit from the metaverse.
3. Autodesk Inc. (ADSK)
Third, on our list of best metaverse stocks is Autodesk Inc. (ADSK). However, the market capitalization of this company is nearly about 42.25 billion USD.
On the other hand, Autodesk, a well-known software company in various industries such as architecture and engineering, product design, and entertainment, is entering the metaverse. The company is planning its first live webinar, titled as “Implementing Metaverse with Autodesk,” to be held on its virtual 3D campus in the metaverse via its educational platform, Autodesk University. It will explain how to use the company’s programs to help build out the metaverse.
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4. Adobe Inc (ADBE)
Adobe Inc (ADBE) is fourth on our list of the best metaverse stocks to buy now. The market capitalization of this Adobe is about 152.73 billion USD.
On the 40th anniversary of the year it declined a $5 million buyout offer from Steve Jobs, Adobe proudly announced that the Adobe Experience Cloud was now in use by 75 of the Fortune 100.
Furthermore, Adobe stated that its cutting-edge business software suite is ready to “empower brands to succeed in the metaverse.” It even released its entire “Metaverse Playbook.”
As a result, it appears unavoidable that dozens of the world’s top companies will put their trust in Adobe to guide them through the uncharted waters of the metaverse, much to the company’s success and investors’ delight.
5. Take-Two Interactive (TTWO)
Last on our list of the best metaverse stocks to buy now is Take-Two Interactive (TTWO). The market capitalization of this company is nearly about 19.11 billion USD.
In late 2021, the CEO of video game publisher Take-Two Interactive pointed the finger at Meta, saying, “We’re the biggest company in the metaverse because we’re already there,” referring to the huge popularity of online simulator game “Grand Theft Auto V.”
But he doesn’t appear to be taking the metaverse’s rise lightly. Take-Two reported that it is performing exceptionally well and converting revenue into thousands of new hires, leading many to believe that it is preparing for a full-scale “invasion” of the metaverse.
And its venture will undoubtedly be profitable because no one excels at in-app transactions like Take-Two. It still earns $2.5 million per day from a game it released in 2013, and that’s before taking advantage of metaverse NFTs.
After this, you might wonder how big the metaverse will be in the future.
6. Microsoft Corp. (MSFT)
Microsoft Corp. (MSFT). is number six on our list of best metaverse stocks. The market capitalization of this company is about 1.98 trillion USD.
Microsoft Corporation (MSFT) is a multinational technology company headquartered in Redmond, Washington. It is known for its Windows operating system, Office suite, Xbox gaming console, Azure cloud computing platform, and other products and services.
On the other hand, Microsoft is also a major player in the enterprise software market, offering products such as Dynamics 365 for business applications and LinkedIn for professional networking.
Additionally, the company has been expanding its presence in the cloud computing space through its Azure platform, which competes with offerings from Amazon Web Services and Google Cloud.
7. Tata Consultancy Services Ltd.
Tata Consultancy Services Ltd. is number seven on our list of best metaverse stocks. The market capitalization of this company is about 11.65 trillion USD.
Tata Consultancy Services (TCS) is a mumbai based Indian multinational information technology services and consulting company.
It provides various services, such as IT and business consulting, software development, and infrastructure management.
TCS is a subsidiary of the Tata Group, one of the largest conglomerates in Inda
On the other hand, it has offices and delivery centers in over 40 countries worldwide. The company has been recognized for its commitment to innovation and digital transformation.
How Big Will the Metaverse Be In The Future?
As you already know that the Meta platform is in the spotlight. As a result, many new companies want to create something related to the metaverse. This means that the global metaverse market is expected to be worth $800 billion by 2024.
The metaverse could be the next big thing in the stock market, and you might get into the metaverse sooner to get a big reward. On the other hand, the option that we mentioned above will be the best choice if you want to dip your toes in the world of metaverse stocks.
Conclusion
This is the end of this post which is on the best metaverse stocks to buy now in 2022. You should consider these stocks if you are planning to buy metaverse stocks. On the other hand, you should always do your proper research before buying these metaverse stocks that we mentioned above.
The metaverse is a tidal wave that includes industries. When the time comes, companies in those industries will either sink or swim. So choose your stocks intelligently.
FAQs
Q1. Which Metaverse stocks are the best to buy?
The most obvious examples are Meta Platforms, Microsoft Corporation, and Unity Software. Several dozens of promising companies are identified by experts. On the other hand, in this post, we mentioned the top 5 best metaverse stocks to buy now.
Q2. What is the best way to invest in the metaverse?
Metaverse investing can provide excellent opportunities for early profit. Metaverse company stocks, metaverse cryptocurrencies, and metaverse NFTs are three common ways to invest. Unlike in the real world, anyone from any country can invest in the metaverse by purchasing metaverse cryptocurrencies or metaverse NFTs.
