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Metaverse: List of Top 5 stocks to invest in 2022

Updated: Jan 24

The concept of a metaverse recently made headlines when Facebook CEO Mark Zuckerberg unveiled his ambitious plan to turn the social media behemoth into a vast metaverse experience for its users, even going so far as to rename Facebook's parent company, Meta.


What is Metaverse?

An online 3D persistent universe that incorporates numerous virtual places. It's like a modern internet. The metaverse will enable people to collaborate, meet, game, and interact in 3D. It is a virtual environment where users may build and interact with avatars. This word refers to a general change in how we engage with technology, not one single form of technology. A metaverse could enable you to establish a persona that you can duplicate between platforms as simply as your profile image.


Why is metaverse gaining popularity?

Metaverse offers several opportunities like onboarding & training for leadership development, conferences, simulated experiences, huge staff events, and entertainment, the possibilities are endless. Allowing people to interact with the environment as their avatars provide them a lot of flexibility of choice. In the metaverse, one can do pretty much whatever one wants. They can own, trade, promote, reside, work, and study.


Big enterprises are refusing to fall behind as the metaverse begins to resemble virtual reality rather than science fiction. "In the future, many corporations will attempt to claim they have a piece of the metaverse," Jim Cramer said on his program last month.


Top 5 metaverse stocks to invest in:

Nvidia :


Year-to-date, Nvidia shares have doubled. Nvidia is a crucial metaverse player, according to Cramer, because of its strong graphics hardware. Nvidia's sales increased 50% year-on-year to $7.1 billion in the three months ending October 31. Adjusted profits per share were $1.17, up 60% year-on-year. The trend should continue. Management expects $7.4 billion in sales for the current quarter. Buy Nividia here


FaceBook (Meta Platforms):


One of the key reasons why everyone is obsessing about metaverse now is Facebook. Meta is still primarily a social networking firm. In the third quarter, Facebook has 2.91 billion monthly active users, up 6% year-on-year. Including other platforms like Instagram, Messenger, and WhatsApp — the total number of active users reached 3.58 billion. Shares rose 24% to $326 this year. Buy FB Meta here



Roblox:


This game maker allows users to create block-based worlds & games without coding. Cramer enjoys Roblox because it is “fun” and has its own “internal metaverse.”In the third quarter, Facebook had 47.3 million daily active users, up 31% year-on-year. Revenue increased 102 percent to $509.3 million. Roblox decided to go public in March via a straight listing and opened at $69.50. In November, shares soared to over $140, but have since fallen to roughly $100.


Microsoft Corporation MSFT:


Big tech enters the metaverse. having a market valuation of approximately $2.5 trillion. Shares have risen almost 50% in a year, driven by a 48% surge in profits. And the corporation made 39% profit. The metaverse rollout's new potential might add to profits and sales for years. With over $130 billion in cash on hand, Microsoft can invest in more metaverse games for years to come. Jim Cramer encouraged CNBC viewers to purchase Microsoft on Monday.

“Buy all six once the omicron weakness hits,” Buy MSFT here




Unity Software :


Cramer s keen and remarked on the program that he could “be an avatar of the guy who created the Avatar.”Unity's stock price rose steadily from May to November but has since retreated. Year to year, the stock is down 5.5 percent at $136. Unity made $286.3 million in sales in the Third quarter, up 43% year-on-year. The firm also earned $34.2 million in free cash flow, compared to $10.9 million a year earlier.



Closing thoughts:

The metaverse is no longer a sci-fi movie premise. Facebook/Meta has only given gasoline to an already raging fire, and in a few years, we may see the metaverse used in ways we never imagined. The metaverse will undoubtedly change how we interact online, how businesses promote, how fast crypto is adopted, and many other facets of our lives.


Read more: The Metaverse: How Virtual Reality Will Reshape Our Lives

Read more: How To Make Money On The Metaverse: A Guide For Investors And Entrepreneurs


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