2 Monster Metaverse Stocks to Buy and Hold for the Next Decade

The metaverse is undoubtedly one of the hottest tech trends today. It refers to a network of persistent, real-time, seamless, and immersive 3D virtual reality or mixed reality worlds and simulations, wherein humans can interact with digital-world objects through a range of devices. The metaverse is expected to enable people to shift more and more activities done currently in the physical world to the virtual world.

Bloomberg estimates the global metaverse market opportunity to be around $800 billion by 2024. While the metaverse is an exciting opportunity, it is not yet monetized. Hence, it would make more sense for retail investors to opt only for financially stable and technologically sound companies (that are not over-reliant on success in the metaverse) that are preparing to grab a significant share of the metaverse.

Against this backdrop, Microsoft (NASDAQ: MSFT) and Adobe Systems (NASDAQ: ADBE) seem to be two such blue chip companies that can prove to be solid metaverse stocks in the long run.

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Source Fool.com