As the Metaverse is a budgeoning sector with no products investors can evaluate, we know that competition in this industry may become fierce, causing stocks to become volatile depending on whether companies take this opportunity or drown in the competition.
This article is purely speculative, and only represents my own opinion. Fact-checking and doing your own research is highly recommended. If you think my article is helpful, do give me a thumbs up and subscribe![Great]
1) Meta Platforms Inc. (formerly known as Facebook)
- This is pretty self-explanatory. As we have seen Mark Zuckerberg's past success as a founder of Facebook back when Social Media was not as active. The current dip is precisely due to his conviction in going all-in to fund this undertaking to invest in the Metaverse Sector.
2) Disney
- Disney stocks have fallen, which provides long term investors a great opportunity to buy, hold, and wait out this period of volatility. This stock appears especially attractive when we take into account the fact that Disney has patented metaverse technology in preparation for creating its own theme park metaverse (businessinsider.com/disney-patents-metaverse-technology-ar-virtual-world-projector-2022-1), not to mention Disney's already-established cult-like following of Disney characters.
3) Nvidia and AMD
- While these two companies may not directly create Metaverses, Nvidia holds a large share of the market for GPUs, which are used in everything from electronic game consoles to personal computers, and would likely have a surge in demand as the Metaverse industry takes shape.
- Similarly, with the surge in demand of semiconductors produced by AMD and the decreasing supply of semiconductors which would be heavily used in the Metaverse, AMD is a promising stock for long term investors.
4) Unity Software Inc. (U)
- As one could probably infer from it's name, Unity Software is well-positioned to have a monopoly in the Metaverse industry in regards to software. This is as the company's software currently powers literally millions of games, including 71% of the top 1000 mobile games and 50% of all PC and concole games. More than 2.5 billion peopel currently play games powered by Unity, and it's software currently runs on over 20 different platforms. (forbes.com/sites/johnkoetsier/2021/12/07/with-billions-of-people-and-millions-of-apps-can-unity-create-the-metaverse/?sh=55b22e26b8cb)
Last but not least, here's wishIng everyone a happy CNY! Do share your views in the comments![Grin]
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