2 Metaverse Stocks That Could Help Make You a Fortune
The tech world is betting big on the metaverse -- a concept that hopes to enable virtual avatars of real people to interact in 3D virtual worlds irrespective of their physical location.
The metaverse is still in its infancy, but it reportedly already attracted $57 billion worth of investments from tech giants, venture capitalists, and private equity companies in 2021 alone, according to McKinsey & Co. That same report says investments in the metaverse will double to $120 billion this year. It won't be surprising to see this number head higher with each passing year, as the metaverse is expected to generate $5 trillion in revenue by 2030 as it more deeply impacts multiple sectors of the economy, including e-commerce, online learning, advertising, and gaming.
These massive investments will also likely unlock a tremendous long-term opportunity for investors buying into companies powering the metaverse. Advanced Micro Devices (NASDAQ: AMD) and Roblox (NYSE: RBLX) are two such companies that could play a big role in the development of the metaverse and help investors make a fortune. Let's see why these two metaverse stocks could make shareholders a fortune.
Source Fool.com
