Think long term. Those three words are used a lot. They aren't listened to enough. It's important to remember that the stock market has been volatile recently.
Regardless of how stocks perform next week or next month, there are some areas that should be huge winners over the long term. I think the metaverse is one of them. If you're a long-term investor, here are five unstoppable metaverse stocks to buy.
The image is from the same source.
1. It's Nvidia.
The top artificial intelligence stock is Nvidia. It's a top stock. It's a top metaverse stock for both the present and the future.
Many companies are trying to carve out a piece of the metaverse, but Nvidia is already marketing a successful product. Virtual 3D design collaboration and simulation can be supported by the Omniverse platform. Customers include manufacturers, engineering firms, and game developers.
The metaverse is built and the demand for graphics processing units should be high over the long term. Few companies can compete at the same level as Nvidia.
2. The software is called Unity.
I think that the stock of Unity Software could double in 2022. More than 70% of the top 1,000 mobile games have been developed with its software. A similar level of metaverse content will be created with the platform.
It will be more than just programmers that build the metaverse. Artists will be involved as well. Thanks to its acquisition of Weta Digital, Unity is better positioned to meet their needs.
You've probably seen Weta's work, but you haven't heard of it. The company's platform has been used in the creation of visual effects for numerous TV shows and movies.
3. There are Meta Platforms.
The metaverse is important to the future of Meta Platforms, so the company changed its name from Facebook. While advertising on its social media apps pays the bills for now, Meta is investing heavily in building the metaverse.
The company's goal is to bring the metaverse to 1 billion people, according to the CEO. He thinks that this will create a larger creative economy of both digital and physical goods.
Only a few companies have the resources to focus on the entire metaverse. The metaverse is being made a reality with the development of an operating system, e-commerce architecture, social platform, and augmented reality/virtual reality devices.
4. Adobe.
Adobe is a giant in digital media. The company's best known products are Acrobat, Creative Cloud, and Photoshop, but it also offers a great product called Aero for developing augmented reality experiences.
Adobe is the best software play for the metaverse, according to an analyst. Adobe CEO Shantanu Narayen appears to be on the same page. Narayen stated in the fourth quarter conference call.
I think about web 3D and the metaverse and what it really means is that you're going to do things that you're used to doing in the physical world in the virtual world.
You don't have to agree with Thill or Narayen to appreciate the huge opportunity that Adobe has.
5. Matterport.
Matterport is one example of a company that could play a role in the metaverse. The company's technology allows the creation of "digital twins" of physical assets, including homes, office buildings, boats, and more.
Matterport's market cap is $4 billion. The company pioneered the spatial data market and is still the 800-pound gorilla. Matterport has over 6 million spaces under management on its platform, which is 100 times the rest of the market.
The company has just a tiny fraction of the total addressable market. The rise of the metaverse is likely to grow Matterport greatly.
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