1 Monster Metaverse Growth Stock Down 76% to Buy Right Now
The rise of the metaverse has the potential to be one of the most influential technology trends of the next decade. Video games already boast levels of engagement that trounce those of nearly every other entertainment medium, and applying some of the basic precepts of interactive virtual worlds to platforms for online socialization and business could present revolutionary growth opportunities. Some industry insiders and analysts even think that the metaverse will evolve into a multitrillion-dollar annual market.
While the metaverse has huge potential over the long term, the market has recently lost its appetite for stocks that trade at forward-looking, growth-dependent valuations. That means that there are some promising companies in the metaverse space that now trade at huge discounts compared to recent highs, and the big sell-offs have created opportunities to build positions in innovative and influential companies. Read on for a look at a metaverse leader trading down 76% from its recent high that's worth investing in today.
Image source: Getty Images.
Source Fool.com
