Most of us are familiar with the metaverse. Or, the “sci-fi concept where a person wears some kind of headband or smart glasses that allow them to sit, act and play in a world like the which was shown in the movie ‘Ready Player One’, ”as described by CNBC.
Even better, according to McKinsey & Co., the metaverse could be sold for about $ 5 trillion by 2030. The firm also saw about 59% of happy buyers about virtual world events, including shopping, attending social events, playing social games. sports, and physical activity. There are many businesses that are excited about the possibilities.
In fact, “ninety -five percent of leaders say they expect the metaverse to have a positive impact on their business in five to ten years, with 31 percent saying the metaverse will really change the way we look. More importantly, a quarter of leaders expect metaverse technology to drive more than 15 percent of their company’s growth over the next five years. ” where McKinsey & Co.
With that said, here are some of the top ways to trade metaverse potential:
|VR||Global X Metaverse ETF||$ 22.02|
|VERS||The ProShares Metaverse ETF||$ 34.54|
|METV||Roundhill Ball Metaverse ETF||$ 8.81|
|META||Meta Platforms, Inc.||$ 168.63|
|NVDA||Hui Nvidia||$ 169.14|
|RBLX||Hui Roblox||$ 36.31|
|U||Unity Software Inc.||$ 46.26|
Metaverse Markets: The Global X Metaverse ETF (VR)
One of the best ways to separate with metaverse stocks at a low price is with an exchange traded fund (ETF), such as Global X Metaverse ETF (NASDAQ:VR).
With an earnings ratio of 0.5%, the ETF delivers businesses that are set to benefit from the development and trading of the metaverse. This includes activities related to the development of tools and software that enable users to see long -term digital realities; foundations, where live streaming and other media information are separated into 3D simulations; and economics, related to the development of digital payments.
One of his top picks Nintendo (OTC:NTDOY), Netease Inc. (NASDAQ:NTES), Apple (NASDAQ:AAPL), Lawe-Elua Interactive (NASDAQ:two), Snap Inc. (NYSE:SNAP), a Microsoft (NASDAQ:MSFT), to name a few. While VR photography is a bad thing right now, give it time. It was pounded with a wide market.
ProShares Metaverse ETF (VERS)
Another hot ETF to consider is the The ProShares Metaverse ETF (NYSE:VERS). With an earnings ratio of 0.58%, the stock sees the most closely related businesses in the metaverse.
Even though his chart isn’t very pretty right now, give it a try. Sitting on the second support below, I would like to see the VERS ETF fly to a low- $ 30sa test to $ 37 resistance near the time.
In the long run, the ETF could revisit $ 47 when the history heats up. In addition, we need to consider how much of its stocks oversold after the market pull, including: Advanced Micro Devices (NASDAQ:AMD), Electronic Arts Inc. (NASDAQ:EA), Lumentum Paʻa (NASDAQ:LITE), Activision Blizzard (NASDAQ:ATVI), Apple, and Microsoft, to name a few.
Metaverse Markets: Roundhill Ball Metaverse ETF (METV)
Another solid metaverse ETF to consider is the Roundhill Ball Metaverse ETF (NYSEARCA:METV).
At $ 8.81 and an earnings ratio of 0.59%, the ETF allows investors to see metaverse companies, such as Microsoft, Snap Inc., Amazon.com (NASDAQ:AMZN), Apple, a Autodesk Inc. (NASDAQ:ADSK).
Even if her chart isn’t too hot, give it time. After falling from about $ 17 per share to about $ 8, the ETF oversold. Moving forward, I would like to see the METV ETF close to $ 12 per share.
Metals (NASDAQ:META) Is probably one of the top ways to trade metaverse potential.
According to the company, “The metaverse can be thought of as a hybrid of web -based information today, sometimes expanded to three parts or projected into the physical world. Let me tell you. share immersive knowledge with others if you can’t get along – and do things you can’t do in the physical world.
In addition, Meta Platforms is making avatar outfits. In fact, the company and designers, such as Prada and Thom Browne, are creating clothing designs that are available to consumers around the world. Even better for Meta, which owns Oculus, a popular VR headset maker.
Metaverse Markets: Nvidia (NVDA)
The metaverse story could provide a blockbuster opportunity for Nvidia.
According to CNBC Keris Lahiff, “The system is the key to the metaverse. There are many companies that build it, but most of the revenue is generated by the companies that provide the service and that’s where the industry comes in. Nvidia because they are a leader in the artificial intelligence, semiconductor space.Their chips and computing power are key to the metaverse.
In addition, Cowen Author Matthew Ramsay estimates that metaverse -related businesses could sell $ 10 billion by 2030.
In addition, we have to consider that artificial intelligence is highly demanded with the metaverse, which is where Nvidia leads. Nvidia has launched its own Omniverse, a “real -time 3D design and real -world simulation platform,” as described on its blog page.
Right away, Roblox (NYSE:RBLX) Is the closest thing to a critical social metaverse, ”with the mission of building a social media platform where billions of users can come together to play, learn, communicate, explore and expand their friends, ”Roblox said. We need to consider Roblox’s ideal position for the metaverse.
Technically, the RBLX stock has sold well. Not only is it getting a second support down of around $ 24.21 per share, it’s starting to pivot from significant increases in the relative strength index (RSI) and Williams ’%R. Since the current price is $ 29.52, I would like to see more of the metaverse price approaching $ 50 in the near future.
Metaverse Marketing: Unity Software (U)
Something hot to think about Unity system (NYSE:U), a platform for creating and using 3D data in real time. It also provides tools for virtual reality, augmented reality, and gaming. Everything was perfect.
Better, like Forbes’ contributor Beth Kindig, “The company is well -suited for the Metaverse and professional 3D worlds because of its history of supporting 3D game development. […]Unity is a gaming engine where more than 2.8 billion active users (MAU) play games or apps built on Unity compared to Facebook’s 2.9 billion monthly active users. The digital market for the game is more than 4 billion MAU and Unity serves 61% of game developers.
Technically, Unity is heavily traded on RSI, moving average convergence divergence, and on Williams ’%R. With patience, I would like to see the resistance level above $ 47.12 in the near future.
At the date of publication, Ian Cooper did not (directly or indirectly) hold any position in the said securities. The views expressed in this article are those of the author, under the InvestorPlace.com Publishing Guidelines.