1 Metaverse Stock to Buy Right Now (and It's Not Meta Platforms)
A couple of years ago, the term "metaverse" entered the mainstream and became a source of clickbait for investment journals. The metaverse, in simplest terms, is a persistent, immersive, 3D virtual world that people can access by using virtual reality (VR) and augmented reality (AR) headsets.
While this may sound a bit like science fiction (and it should, as the origin of the concept and the word "metaverse" came from a 1990s sci-fi bestseller), there are actually several exciting use cases for this technology. One company seeking to capitalize on the rise of virtual reality, and its overlap with gaming and the nascent metaverse, is Roblox (NYSE: RBLX).
Though Roblox's stock price gained a generous 54% year to date, the company still trades at a steep discount to the all-time high it reached in November 2021.
Source Fool.com
