3 Top Metaverse Stocks to Buy Now
From Nasdaq:
The metaverse’s growing technology presents investment opportunities, with companies like Apple, Meta Platforms, and Unity Software leading efforts. Apple’s hardware is a pivotal component, augmented by Meta’s Ray-Ban connected devices, and Unity’s high-quality game engine. The long-term success of the metaverse remains uncertain, but investing in these leading companies provides potential growth and optionality.
However, it is the Ray-Ban sunglasses by Meta Platforms and Unity Software which have far-reaching implications. Management must address challenges faced by Unity, whose declining ad revenue and changing business model pose setbacks. The metaverse’s final form remains unknown, whether as a virtual environment to socialize or a 3D conferencing tool. However, Apple, Meta, and Unity will be significant players.
Ultimately, consider investing in companies leading the metaverse. Should you invest $1,000 in Apple right now? The Motley Fool Stock Advisor does not currently include Apple as one of its top 10 stocks. However, the Stock Advisor service has consistently outperformed the S&P 500, tripling returns since 2002, making it a reliable financial resource.
Read more: 3 Top Metaverse Stocks to Buy Now