There are two kinds of metaverse stocks out there: pure metaverse technology stocks or companies with indirect exposure to it. The list below is a mix of both. I hold most of them or planning to buy them. If you’re also interested in crypto-metaverse projects, you can have a look at my analysis of Decentraland, The Sandbox or Pavia. But for now, let’s have a look at the stocks with a brief presentation of each.
1. Immersion Corporation
Immersion Corporation is a pure metaverse play with the development of haptic technology, which provides touch feedback to user. Immersion could grow dramatically through their sales in that domain.
2. Meta
Meta is an obvious choice with a clear focus of Zuckerberg on metaverse technologies. Meta is also a very good price entry point at the moment and if you believe in the company there is simply no better moment to get in.
3. Unity Software
Unity is a game engine and is very well positioned to be the platform on which the social and enterprise metaverses are built. 2.5 billion people play games based on Unity: think about it and what it can mean for you as a metaverse investment.
4. NVIDIA
The metaverse worlds will rely heavily on semiconductors. Nvidia is supplying computing hardware for the metaverse but also diversifies with a set of software tools to be positioned on both hardware and software.
5. Cloudfare
Cloudfare is not directly a metaverse stock however it specializes in edge-based content delivery network (CDN). As a result, it could be a significant player of the infrastructure to support metaverses. The price is also a good entry point.
6. Roblox
Roblox is a digital platform where millions of players gather together every day to create and share experiences in immersive, 3D worlds. An obvious play that will be part of the future landscape of metaverse projects.
7. Walmart
Walmart is a wonderful company with stunning fundamentals. It also appears to be getting ready for a leap into the metaverse. Recent trademark applications seems to show that they will create its own NFTs and cryptocurrency.
8. Shopify
The e-commerce platform now allows its online merchants to launch 3-D and augmented reality versions of their products.
Shopify is a top retail company pushing for full-3D experiences leading to usage of metaverse technologies.
9. Microsoft
The recent acquisition of Activision Blizzard by Microsoft will accelerate the growth in Microsoft’s gaming business across mobile, PC, console and cloud and will provide building blocks for the metaverse.
10. Vuzix
Vuzix is a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products. It could play a very big role in the development of metaverse projects.
What do you think of those metaverse stocks?
Thanks for reading.
Disclaimer: this is not financial advice