My Favorite Metaverse Stock for 2022 Has 25% Upside
One of the world's largest companies underwent a complete makeover in 2021. Social network titan Facebook changed its name to Meta Platforms (NASDAQ: FB) and pointed its focus at developing the metaverse. Some people believe it's the next frontier, a digital economy where the physical and digital worlds come together.
Meta has three special tools that make it my favorite stock for investing in the metaverse. Today the stock is also a bargain, making it a compelling opportunity for short and long-term investors alike.
There could be a lot of opportunities to monetize the metaverse over the long term as it grows and develops. Meta's core business is advertising on its social networks like Instagram and Facebook, so I expect this to be Meta's ultimate goal in the metaverse.
Source Fool.com
