The Metaverse is becoming increasingly popular. As the Metaverse movement grows, many are preparing to invest in Metaverse stocks. If you’re hoping to get in on the Metaverse before it booms, now is the time!
Some of the best Metaverse stocks to invest in are Nvidia (NVDA), Meta Platform (FB), and Snap Inc. (SNAP). These companies have made significant investments toward its development. Other stocks one should consider investing in are virtual reality and augmented reality companies.
Before you start investing in these Metaverse companies, it is always a good idea to be well-informed. This article will describe what the Metaverse is, where the best Metaverse investments are, and other information to help you earn a good return. Let’s get started.
Table Of Contents
What Is The Metaverse?
Before diving into the benefits and logistics of investing in Metaverse-related companies and stocks, it’s important to understand what Metaverse actually is.
After all, it ain’t awful smart to purchase stock in a company you don’t understand.
Who Created The Metaverse?
First of all, where did the Metaverse even come from?
(It’s certainly not the same as the Marvel Multiverse).
Verse as a suffix denotes a specific part of society. However the portion of the word “meta” implies a more developed order. Combining the definition of meta and the suffix verse gives the concept behind the Metaverse, which is a higher order of society.
The concept of this higher order of our society, or “the Metaverse”, was created by Neal Stephenson, an accomplished science fiction writer. Stephenson coined this term in the 90s.
Since then it has passed through nearly every tech company in existence. Everyone wants to be a part of this new sensation!
What Is The Metaverse Really?
The Metaverse is confusing to some since it’s not fully existent yet.
While the Metaverse exists mostly as a concept at the moment, developers and tech companies take strides every day to make it a reality–or more appropriately, a virtual reality.
A quick way to summarize the Metaverse–or developer’s hopes for the Metaverse–is everything already available online. Chat rooms, online shopping, sports, concerts, and so much more will exist in this virtual reality.
If you’ve seen the movie Ready Player One and thought the society depicted was crazy, well, that’s what we’re trying to do (maybe on a less extreme scale).
Is The Metaverse The Same As Normal Virtual Reality?
Metaverse is not necessarily virtual reality, but virtual reality is one aspect of the Metaverse.
Virtual reality as a whole currently focuses on the individual, and how the individual can exist and act in a virtual setting. Where the Metaverse wants to take virtual reality is in the direction of letting many people interact and co-exist with one another in the same virtual world.
The setback is that this Metaverse would need to be server-based, and we currently have not yet been able to progress to that point.
What Is A Metaverse Stock Or Metaverse Related Stock?
Since the Metaverse is such a big idea and subsequent project, there are many reasons to assume great success will come from it. Because of this, many people think it’s a good idea to invest in Metaverse-related stocks.
Think back to the dot-com era – don’t you wish you could go back in time and invest in Amazon or Apple?
Metaverse stocks operate just like other stocks do.
When you purchase a stock, you’re purchasing partial ownership of a company actively building the Metaverse.
Those with the most stocks in a company are usually members of the company board.
If the Metaverse becomes all that developers hope it will be, you could stand to make a lot of money from your investments. Keep reading to learn which Metaverse companies are worth investing in.
Top 6 Best Metaverse Stocks
There are hundreds of tech companies getting involved with the Metaverse.
While they all share a common goal, some companies are just doing it better than others!
If you want your Metaverse investments to pay off, you need to pick the right stocks. Let’s take a look at the five best Metaverse stocks.
All stock information comes from the NASDAQ stock exchange. Numbers may vary depending on the exchange you use.
1. Nvidia (NVDA)
No matter which investor you ask, Nvidia is one of the leading Metaverse companies out there.
Nvidia was established in 1993. Not only has this company survived nearly 30 years of the economy’s ups and downs, but it has thrived.
Nvidia’s headquarters are located in Santa Clara, California.
Currently, the company specializes in graphics, video games, artificial intelligence, augmented reality, virtual reality, and cryptocurrency.
According to Investopedia, many of the world’s supercomputers utilize graphics processing units designed by Nvidia. This alone solidifies Nvidia’s status as one of the best metaverse stocks to consider!
Nvidia, known as NVDA, has done fairly well on the stock market. When NVDA was first listed as a public stock, it was worth around 40 cents per share. Five years ago, NVDA’s shares rose to $30 each.
In the last year alone NVDA shares have gained $100 in value. At its highest, NVDA was worth $333. At the time of writing, NVDA shares are worth $286 each.
Due to Nvidia’s investments in graphics, this company is (hopefully) guaranteed to increase in value with the success of the Metaverse. In 2020, the company made nearly $11 million in revenue. If the Metaverse succeeds, this number will only climb.
2. Adobe (ADBE)
Adobe has been around longer than the concept of the Metaverse has.
Since its creation, Adobe has involved itself with every aspect of creativity and design. Whether Adobe plans to buy into the Metaverse isn’t important, the company’s technology will be crucial for other Metaverse developers.
In other words, Adobe stocks will grow with the Metaverse. Even if the Metaverse doesn’t come to fruition, your investment with Adobe should rise.
Adobe entered the public stock exchange only two years after its establishment. Shares started at just 22 cents, but are now worth $472 (at the time of writing). Most of the companies growth took place in the last five years.
Five years ago, ADBE shares were worth only $130!
If you want to make money off an investment in Adobe Inc., the time to do so is now. Those who wait any longer will have to pay more per share.
3. Meta Platforms (FB)
Chances are, you interact with Meta Platforms every day… without even realizing it.
Well, Meta Platforms was once known as Facebook Inc. Meta Platforms now owns Facebook, Instagram, and WhatsApp.
This company is playing a huge role in the creation of the Metaverse!
Mark Zuckerberg, the owner of Meta Platforms, is so invested in the Metaverse that he renamed his company after it. This rebranding took place in October 2021. If this doesn’t prove that this Metaverse company is worth investing in, nothing will.
Facebook first entered the public stock exchange in 2012. Each share was only worth about $30. At the time of writing, FB shares are worth $212. At their highest point, FB shares were worth $379 each.
This company’s stocks have decreased over the last six months. However – investing in the stock market is all about the long haul. The performance of the past 6-months aside, Meta Platforms remains one of the best metaverse stocks to consider.
Facebook and Instagram are an integral part of many people’s daily lives. Even if recent events show the company decreasing, social media platforms will always exist. You may receive a very nice return on your investment, especially if the Metaverse amounts to everything Zuckerberg hopes it will.
4. Roblox Corporation (RBLX)
The Roblox Corporation was invented in 2006.
This online gaming platform entered the public stock exchange in 2021. Because Roblox has lots of experience with virtual experiences, it is a leading company in the development of the Metaverse.
Roblox will continue to be a leading gaming platform as well as the main Metaverse developer.
Since RBLX is a very new stock, it will understandably be volatile. Proceed with caution!
When RBLX first entered the stock exchange, each share was worth around $74. At the time of writing, RBLX shares are worth $53.35 each. Buy into this stock early and (hopefully) watch your investments grow!
5. Qualcomm (QCOM)
Qualcomm is another one of the older companies involved with the Metaverse.
Qualcomm was established in 1985 (around the time that Adobe was released on public stock exchanges).
Qualcomm owns several technology and engineering companies. Since the Metaverse will be built online, any company related to computers or even electricity, stands to benefit from its success.
Qualcomm’s significant influence in each of these industries means it will likely play a large role in developing the Metaverse. In fact, just a few weeks ago, Qualcomm announced that it was partnering with Microsoft to help make the Metaverse a reality.
When QCOM first hit the stock market, each share was only worth 56 cents each. At the time of writing, QCOM shares are worth $161 each.
While this may appear like slow growth, you have to remember that investing in the stock market is about playing the long game.
If you purchase one QCOM share at its current value, it could be worth $1,700 in 20 years (assuming the company grows at its current rate). This is of course speculation – but that’s investing for you.
QCOM could well be the best metaverse stock in the future.
We may all wish we’d got in sooner!
6. Snap Inc. (SNAP)
Snapchat is another extremely popular tech/social media company.
While you might not associate Snap Inc with the Metaverse… you should.
One key feature in the Metaverse is personalized avatars. Remember, the Metaverse is meant to be as much like the real world, only virtual.
Snap Inc. is the proud owner of Bitmoji, formerly known as Bitstrips. Bitmoji’s primary function is allowing users to design their own online avatars. These avatars are used to represent them on social media platforms and to bring text messages to life.
Snap Inc. is taking user-created avatars a step further.
Now, Snapchat users can use a photo filter that shows them as an online avatar. No need to customize the character themselves, the software does it for them instantaneously.
This type of tech will have a huge influence in the development of the Metaverse.
SNAP stocks entered the public stock exchange in 2017. At the time, each share was worth $27. When this article was written, SNAP shares were worth $40 each. However, at the company’s highest point, SNAP shares were worth $83!
Why such a drop? Many tech companies saw a boom in late 2021. However, as they entered 2022, investors collected on their earnings. This pattern is seen throughout the industry and should not impact your decision to invest in a technology company.
Snap Inc. remains worthy of your consideration when considering the best metaverse stocks to add to your portfolio.
How To Invest In The Metaverse?
We’ve discussed some of the best metaverse stocks, but how do you invest in the Metaverse?
Well, for the most part, this is simple.
If you’re targeting publicly traded Metaverse stocks, then getting started is as easy as opening a trading account.
We strongly recommend eToro.
Simply sign up here and purchase your Metaverse stocks.
As with any investment portfolio, diversification is key. By investing in multiple of the best Metaverse stocks, you spread your risk. If one stock plummets, your holdings may be bolstered by the success of your others.
Another easy way to invest in the metaverse is through cryptocurrency. Many feel that cryptocurrency will be the preferred currency of the Metaverse. If this is true, when the metaverse takes off, so too will crypto. (Fortunately eToro also allows cryptocurrency investing).
There are other ways to invest in the Metaverse, however they are less secure and more convoluted. To get in quick, take the easy route.
How To Follow Metaverse News And Developments
Once you’re invested in the Metaverse, you’ll want to stay up to date on your investments.
First and foremost, sign up to our newsletter below. We send out essential information as soon it hits our ears.
You should also follow the companies you invest in on social media platforms. (See, you’re already getting involved with Meta Platforms. You might as well invest in it).
This will keep you informed of any big changes or projects they have coming up.
You can also follow Metaverse relevant hashtags and profiles to get information from them.
While social media is a great way to stay informed with minimal effort, if you want to know what the company is really up to, you need to read their press releases.
For example, Meta Platforms released a February 4 announcement stating that avatars in Horizon Worlds, will have personal boundaries. Frequently check the Meta Newsroom to keep up with Meta Platforms Metaverse investments.
You can also sign up for your companies’ investor newsletters <– (this is Snaps’). Every month, companies such as Snap Inc. issue a newsletter geared towards investors. Reading their most recent newsletter will give you an inside look at the company and its projects.
While it is important to focus on the companies you’re invested in, you have to remember that the Metaverse is larger than all of them combined.
To keep up to date with the Metaverse as a whole, follow magazines and news websites dedicated to solely reporting on it.
This could mean subscribing to news sites such as The Metaverse Journal, XR Today, Coin Desk, and NFT Plazas. These news sites share news solely about the Metaverse (and occasionally cryptocurrency). But even cryptocurrency plays a big role in the Metaverse.
Why Invest In Metaverse Stock?
Each company on our “best metaverse stocks” list has a very realistic chance of exponential growth.
You’ll also notice that none of the chosen projects are solely focused around the Metaverse. In the (unlikely) circumstance that the Metaverse does not take off, these companies still have a good chance of flourishing.
So what’s your next step?
Once you’ve set-up your investment portfolio (here) it’s time to continue your investing journey.
Here’s some essential reading:
- What Is The Metaverse? | The Metaverse Explained 2022
- Fool-Proof Financial Advice For 20 Year Olds!
- 7 Best Investment Apps | Investing Has Never Been Easier.
- Best Robo Advisor | Automate Your Investing
- Best Cryptocurrency To Invest In 2022