8 best metaverse stock picks for investors

The metaverse technology is the new buzzword in the tech space, it ushers in a more interactive virtual ecosystem where participants can experience real life simulations through virtual reality and augmented reality, most times with wearable devices (hardware). Just like with most technologies, an early move in the space has the potential for reaping future profits, take for instance blockchain, the metaverse has provided an avenue for investors to channel their money into metaverse stocks. If you are an investor or you just want to find out the opportunities for profit in the metaverse space, then this piece is just right for you.

What are Metaverse stocks?

Metaverse stocks are companies that have been linked to the metaverse. These companies mostly provide software platforms or hardware devices that enable the setup and integration of the metaverse to the physical world. Companies issue or sell stocks to raise funds to invest in their businesses. By so doing, stockholders buy a piece of the business and, depending on the type of shares held, they may lay claim to assets or earnings of that business. Industry experts project that the market size of the Metaverse could surpass $800 billion in 2024 as such, metaverse stock prices is set to boom.

How do I invest in metaverse stocks?

A holder of a metaverse stock is said to have invested in metaverse stocks. To invest in metaverse stocks, they are two ways that investors go about it.
They normally invest by:
1. Purchasing individual company stocks: by purchasing a single company stock, investors hold a single share of that stock, the performance of the company either increase the share price or reduce the share price.

2. Exchange traded Funds (mutual funds): with exchange traded funds, investors are afforded a way to diversify their risk because it provides exposure to hundreds or thousands of metaverse stocks just by holding a single share of a fund. Loses or gains by an individual can be compensated by other well performing stocks in the fund to deliver optimal profitability.

How do I make money with Metaverse stocks?

The primary reason an investor might invest in a stock is if he believes he will get a return on his investment. The strategy to make money in metaverse stocks is no different from the one applied to stocks.
• Buy-and-hold strategy: here, you hold stocks or other securities for a long time instead of engaging in frequent buying and selling.
• Dividends: generally, investors in stocks get paid dividends based on the number of shares owned when the company makes profit. Not all stocks pay dividends, but many do. Dividends are payments made to shareholders out of the company’s revenue.

8 best metaverse stocks to buy

NVIDIA (NVDA)

Stock Price: $243.25
Market capitalization: $607.674B

Nvidia, the computer chip manufacturer, invented the NVDA Omniverse (its own metaverse). Its Omniverse is an open platform developed for virtual collaboration. Nvidia will grant free licenses to artists and other content creators for its omniverse software, these content creators will build within the omniverse virtual world. With Nvidia already dominating in 3D gaming and simulations with its graphics processing units. It is set to play an active role to make the omniverse the platform of choice for creating and sharing 3D designs. This makes its stock a good investment option

Meta Platforms, Inc. (FB)

Stock price: $210.86
Market capitalization: 574.411B

Meta Platforms, formerly known as Facebook, made recent announcement of its intention to reposition and invest billions of dollars each year on its metaverse projects. With Meta having already acquired Oculus VR, the company is strategically position to compete with big players in the metaverse. Meta Platform being a social media giant with a huge amount of audience, it will use that as leverage to thrill their audience on their platforms with improved virtual experiences in the coming years.

Roblox Corporation (RBLX)

Stock price: $51.07
Market cap: $30.214B

Roblox is a video game development company based in California, it is using technology to create the unique experiences in the virtual world. Roblox’s 3D virtual world is loved by kids, and its growth trajectory to date is outstanding.

Microsoft Corporation (MSFT)

Stock Price: $299
Market cap: $2.24T

Microsoft is one of the big hardware and software companies in the world and they need no introduction. Microsoft has already made investments in the manufacture of Augmented reality and virtual reality devices. The Recent acquisition of Activision Blizzard is a move to target the gaming sector with its products. The gaming industry is already a billion-market size. Microsoft is set to improve the user gaming experiences also in this market.

GOOGLE (GOOG)

Stock price: $2.693
Market capitalization: $1.783T

Google may be quiet on the metaverse, but don’t count it out, it is investing in the metaverse to gain a share of the profitable market potential. Google engineers are developing a new augmented reality (AR) device codenamed project Iris, according to a report by the Verge and expected to be ready by 2024 The augmented AR device is equipped with outward-facing cameras to blend computer graphics with a video feed of the real world as well as 3D sensors to creating a more immersive, mixed reality experience than existing AR glasses. When ready, the current stock price might increase, this may be the right time to buy stocks in Google.

Matterport (MTTR)

Stock price: $7.5
Market capitalization 1.929B

The company’s main target is the real estate digital market. It has spaces that can be used to build a metaverse infrastructure. Its 3D spatial data technology can be used to create real-life structures in the metaverse.

Immersion Corp.(IMMR)

Stock price: $5.35
Market cap: $170.885M

a California based company located in the united states is also a popular metaverse stock, it is a developer and licensor of touch feedback technology or haptic technology. The main goal of this Metaverse company is to allow users to have the experience of responsiveness in user interactions within the metaverse. It is determined to use the five senses in the Metaverse technology.

Vuzix Corporation (VUZI)

Stock price: $5.8
Market capitalization: $360.155M

Vuzix Corporation is based in New York and a popular stock in the metaverse. Being a leading supplier of smart glasses and augmented reality technology products, it can use its smart optics domain to be a key player in the Metaverse technology with AR/VR smart glasses. The metaverse needs wearable products to provide immersive experiences through Vuzix Corporation.

Benefits of Investing in Metaverse stocks

But the primary reason that investors own stock is to earn a return on their investment. That return generally comes in two possible ways: The stock’s price appreciates, which means it goes up. You can then sell the stock for a profit if you’d like. The stock pays dividends. Not all stocks pay dividends, but many do. Dividends are payments made to shareholders out of the company’s revenue, and they’re typically paid quarterly.

Final Thoughts

The 8 best metaverse companies listed wihtin the article are actively positioning themselves to take advantage of the growth opportunities related within the metaverse. So if you are planning to invest in metaverse stocks, these are companies that you should seriously consider.