1 Monster Metaverse Stock to Buy for the Long Haul
This year, it seems that there's been no topic that has attracted more interest from investors than artificial intelligence (AI). But we can't forget that a couple of years ago, the metaverse was the technology drawing all the excitement. However, it has fallen somewhat out of favor among the investing community since then.
But the fact that the buzz has faded doesn't necessarily mean that the metaverse should be completely ignored as an investment thesis. While there are numerous metaverse stocks out there to choose from, I believe Meta Platforms (NASDAQ: META) is the best business in the space to buy and hold for the long haul.
The metaverse is a collection of persistent, shared 3D virtual worlds that will allow people to interact with others in new ways. Companies have proposed use cases in gaming, social, and productive environments. Meta's Reality Labs division houses its metaverse operations. The company sells hardware products like the Meta Quest and Ray-Ban smart glasses, as well as software and services like Horizon Worlds.
Source Fool.com
Meta Platforms Inc. Stock
With 9 Buy predictions and only 2 Sell predictions the community sentiment for the stock is positive.
With a target price of 500 € there is a slightly positive potential of 15.49% for Meta Platforms Inc. compared to the current price of 432.95 €.
