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4 Stocks to Buy as the Metaverse Takes Flight -Breaking

by Mike Robinson

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© Reuters. The Metaverse takes Flight: 4 Stocks To Buy

Metaverse is a technology that combines physical and virtual realities. It has gained momentum. This technology has been developed by several companies, which have advanced virtual reality. Given this backdrop, we believe that companies with the potential to develop metaverse products—Microsoft (MSFT), Meta Platforms (FB), Taiwan Semiconductor (TSM), and Immersion Corporation (NASDAQ:)—could be solid bets to cash in on the emergence of this revolutionary technology. Let’s discuss.Broadly speaking, metaverse refers to an alternate reality, a ‘mirror world’ where people work and socialize, a collective shared virtual space created by the convergence of physical reality and virtual reality. The metaverse gained momentum with the rise of blockchains and cryptocurrency, as well as an increasing understanding about their potential.

Many gaming and tech companies are making more efforts to create a metaverse. The virtual reality market will grow at 55.3% CAGR between 2020-2025 as a result.

We believe it would be smart to buy tech stocks Meta Platforms, Inc., Microsoft Corporation, and Taiwan Semiconductor Manufacturing Company Limited. (TSM) in order to get cash when this new technology is available. They are one of the 11 top holdings in Roundhill Ball’s Metaverse ETF, (META) which gained 8.8% and 3% respectively over the last month.

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