Think long term. I know these three words are used a lot. But they are not listened to enough. This is important to remember with the volatility of the stock markets that we have experienced
Think long term. I know these three words are used a lot. But they are not listened to enough. This is important to remember with the volatility of the stock markets that we have experienced in recent days.
Regardless of how stocks perform next week or month, there are some areas that should be huge winners in the long run. I think the Metaverse is one of them. If you’re a long-term investor, here are five unstoppable metaverse stocks to buy in 2022.
Nvidia (NASDAQ: NVDA) ranks among the best artificial intelligence (AI) stocks. It is a top notch game stock. And that’s one of the best actions of the Metaverse, both now and in the future.
While many companies scramble to carve out a piece of the metaverse, Nvidia is already marketing a successful product. Its Omniverse platform supports virtual 3D design collaboration and simulation. Customers including manufacturers, engineering companies and game developers use Omniverse.
Nvidia’s graphics processing units (GPUs) are expected to experience huge demand in the long run as the metaverse is built. Few companies can compete on the same level as Nvidia to power virtual reality applications.
2. Unity software
Unity software (NYSE: U) is a metaverse stock that I think could realistically double in 2022. Its software has been used to develop over 70% of the top 1,000 mobile games. Unity believes that a similar level of metaverse content will be created with its platform.
However, it won’t be just programmers who build the metaverse. The artists will also be strongly involved. Unity is now better positioned to meet their needs with the acquisition of Weta Digital.
You might not have heard of Weta, but you’ve probably seen his work. The company’s platform has been used in the creation of visual effects for many TV shows and movies, including Game of thrones and The Lord of the Rings.
The metaverse is so important for the future for Meta-platforms (NASDAQ: FB) that the company changed its name to Facebook. While advertising on its social media apps pays the bills for now, Meta is investing heavily in building the metaverse.
CEO Mark Zuckerberg has publicly stated that his company’s goal is to help bring the Metaverse to at least 1 billion people. He believes it will “unlock a massively larger creative economy of digital and physical goods.”
Meta is one of the few companies that has the resources to focus on the entire Metaverse ecosystem. He is developing an operating system, e-commerce architecture, social platform, and augmented reality / virtual reality devices to make the metaverse a reality.
Adobe (NASDAQ: ADBE) is currently a digital media giant. While the company is probably best known for its Acrobat, Photoshop, and Creative Cloud products, it also has a great product for developing augmented reality experiences called Aero.
Jefferies analyst Brent Thill even thinks “Adobe is the best software game for the metaverse.” Unsurprisingly, Adobe CEO Shantanu Narayen seems to be on the same page. Narayen said on Adobe’s fourth quarter conference call in December:
Thinking about the 3D Web and the Metaverse, what this really means and implies is that, the things you are used to doing in the physical world, more and more of what you are going to do in the virtual world. . And so if you think about it that way, whether you’re shopping, playing games, creating, co-creating with other people, developing that, the creation aspect of that whole metaverse was. , what better company in the world than Adobe to be able to do this.
You don’t have to agree with Thill or Narayen to appreciate the huge opportunity Adobe has in the Metaverse.
Small businesses could also play a key role in the development of the metaverse. Matterport (NASDAQ: MTTR) stands out as a prime example. The company’s technology enables the creation of “digital twins” of physical assets, including homes, office buildings, boats, and more.
Matterport’s market capitalization is currently only around $ 4 billion. However, the company reigns as an 800-pound gorilla in the space data market, which it pioneered. Matterport manages 6.2 million spaces on its platform, roughly 100 times the rest of the combined market.
But the company has yet to capture a tiny fraction of its total addressable market of $ 240 billion. With the rise of the Metaverse, Matterport looks likely to grow tremendously in the years to come.
This article represents the opinion of the author, who may disagree with the “official” recommendation position of a premium Motley Fool consulting service. We are motley! Challenging an investment thesis – even one of our own – helps us all to think critically about investing and make decisions that help us become smarter, happier, and richer.