3 Top Metaverse Stocks to Buy in January
Wall Street expects 2022 to be a banner year for the adoption of the metaverse, as several companies are expected to come out with hardware and software offerings that will help consumers work, play, or learn in the virtual three-dimensional world.
Crunchbase estimates that $10 billion was invested in virtual reality (VR)-related start-ups last year, while Meta Platforms reportedly spent an identical amount on its AR (augmented reality) and VR initiatives as well. Goldman Sachs estimates that the spending on metaverse-related technologies could hit $1.35 trillion over time, indicating that there's a long-term opportunity at hand for investors to take advantage of.
Intel (NASDAQ: INTC), Himax Technologies (NASDAQ: HIMX), and Nvidia (NASDAQ: NVDA) are three tech stocks that could win big from the metaverse. Let's look at the reasons why.
Source Fool.com
