1 Unstoppable Metaverse Stock Down 55% That Could Soar, According to Wall Street
Meta Platforms (NASDAQ: META) has led the social media industry for over 10 years with its flagship platform, Facebook, in addition to its acquired assets Instagram and WhatsApp. Over 3.6 billion people engage with Meta's platforms every month, or nearly half the population of the entire planet.
That makes the company a prime candidate to lead the world into the next phase of social and professional networking: the metaverse. It's a collection of virtual worlds accessible by using wearable technology like a headset or glasses, and it's set to be a multitrillion-dollar opportunity over the next decade (and beyond).
Meta Platforms' stock is heavily beaten down due to the broader tech sell-off and some internal challenges. However, Wall Street thinks there's significant potential upside ahead.
Source Fool.com
