5 Virtual Reality Stocks to Buy for the Big Metaverse Move – Catch The Train!

Although virtual reality technology is not fully developed today, the initiatives show that we will have two lives in the near future, one is real, and the other is virtual. Announced with virtual reality development, Metaverse will become a normal part of our daily lives. As such, the demand for metaverse stocks has also increased considerably. Therefore, in today’s article, we will talk about virtual reality stocks that you can buy for the big metaverse move so that you don’t miss the train.

KEY TAKEAWAYS

• Metaverse technology gained immense popularity after Mark Zuckerberg’s “Metaverse introduction.”
• Facebook (Meta) says that in 10 years, at least 1 billion people will be integrated into the metaverse world.
• Sony is a potential option for the VR stock market because of its Playstation-compatible VR devices.
• After the billion-dollar VR-based deal with the US army, Microsoft has proven how game-changer they are in the virtual reality industry.
• Nvidia can be seen as an important company for the stock market in terms of meeting the components required for VR.

What is Metaverse?

Well, before moving on to the main topic of our article, what is Metaverse? And why are we witnessing massive investments by big companies like Nvidia and Google in the Metaverse world? Metaverse can be defined as a new technological universe integrating real life with the virtual world. For example, thanks to virtual reality glasses, we will play games such as chess with our loved ones wherever we want. Moreover, we will be able to interact with other people who will sit next to us with their virtual avatars.

However, it is not limited to that. In addition to games and daily activities, Metaverse offers a virtual world where we can bring business life to the virtual environment. Thanks to the new virtual reality technology, business meetings can be held by meeting in a virtual world instead of physical offices.

5 Virtual Reality Stocks to Buy for the Big Metaverse Move

Until here, what we have described seems very futuristic, doesn’t it? But it is already here! 

So, for investors, metaverse stocks may offer some potential; according to Bloomberg, total investment in Metaverse can get extreme numbers, up to $800 billion by 2024.

Below, we highlight five metaverse stocks that could be a great option to buy in this next wave of technology and not miss the train!

Facebook (FB)

Although the Facebook world created by Zuckerberg has become the “king” of social media platforms until today, it is known that the Facebook team led by the 37-year-old CEO has invested in the virtual reality world for many years. 

Facebook, which bought the giant VR company known as Oculus in 2014, seems to have reaped the fruits of its investment. Facebook, which announced its Metaverse goals with a legendary promotion towards the last quarter of 2021 and changed the name of its companies to Meta, is one of the first names that come to mind when it comes to virtual reality stock market. 

But why might Facebook (FB) be a good investment potential for VR-stock-market investors? One of the biggest reasons for this is the Oculus Quest 2, developed by Oculus, cheaper and more advanced than previous models, has received almost full points from all reviews. Because it’s affordable, Zuckerberg’s statement, “Over the years, 1 billion people will join the Metaverse with VR glasses.” looks like the announcement will come true.

Meta’s net worth as of December: $948.3 billion

Sony (SONY)

It is impossible not to mention Sony, who presented the Playstation to the modern world where virtual reality is mentioned. But, of course, there is a reason why we put Sony on the list, and that is PS-compatible VR produced by Sony for Playstation consoles. Since its release in 2016, although not as popular as Oculus Quest 2 is, it has been accepted by console players.

On top of that, VR developments by Sony were very popular before the PS5 was released yet. However, the focus will now be on VR gadgets and updates on the PS5, a much more advanced console.

In summary, if no mistakes are made, and Sony continues in this line, it seems to be one of the leaders and game makers in the industry in VR. At least it sure has potential.

Sony’s net worth as of December: $157.2 billion.

Microsoft (MSFT)

Although Microsoft maintains its leadership as a software company, it never neglects to work from different branches. The team has been trying to improve itself and increase its influence in the market through different platforms and devices such as Mixer -despite its failure- and xBox -since 2006-. 

Of course, you wouldn’t think that a company with such a branching out capacity would fall behind VR technology, would you?

For example, Microsoft Dynamics 365 Connected Spaces will enable companies to visit their workplace and recreate it in a virtual environment. Moreover, Microsoft aims to increase cooperation, interaction, and problem resolution in a virtual world through virtual meetings between companies.

In addition, the steps taken by Microsoft in virtual reality are not limited to this, and there is a concrete step taken at the beginning of 2021. Microsoft and the US Army signed a $22 billion deal covering customized Microsoft HoloLens and VR applications. So, Microsoft has already started an enterprise-level business in the virtual world industry.

Microsoft’s net worth as of December: $2.534 trillion

Nvidia (NVDA)

When it comes to virtual reality stocks, everyone naturally focuses on the headsets and the device itself. People think they can’t have a virtual world without VR glasses, well they are kind of right, but there is a point they missed. The point they skipped is computing processors and GPUs that provide the environment to bring VR technology to life, powerful enough to run VR devices and inexpensive enough to be in any home.

For games and high processing applications (such as video editing, graphic design, coin mining), many people think that there is nothing better than Nvidia. Oh, we also have to point out that some people may think that AMD is better, but this is not the subject of our article 🙂

One way or another, if we make an objective evaluation without considering what anyone else says, Nvidia seems to have successfully passed the performance test required for virtual reality games. The company has also made it clear how much they care about virtual reality, especially with the VR-specific GTX graphics card series.

Also, Nvidia has publicly shared the progress they’ve made over the past months about their own Metaverse-like virtual reality platform, Omniverse. Nvidia says they are building the future of virtual characters with the Omniverse Avatar. During the company’s GTC conference, the Omniverse Avatar platform, introduced by the company’s CEO Jensen Huang, is seen as the fruit of the latest technologies developed by the company.

Nvidia states that digital avatars will imitate people in the Omniverse Avatar. Huang also mentions that the digital avatars that have an existence on the platform can interact and speak with other people as if it is real life.

Nvidia’s net worth as of December: $732.523 billion.

Unity Software (U)

In its simplest definition, Unity is a game engine that allows you to make games for Windows, Android, console, and IOS. Whether you realize it or not, many of the games you play are actually Unity-based.

However, the company shows that it is not closed to innovations and continues to develop in a way that can create games within the framework of VR and Metaverse, apart from the 3D and 2D games of the past. According to the company, they will become the “only VR company that comes to minds first, since the new VR features allow users to create VR applications, offering high-quality rendering, spatial audio, and variable particle systems 

Unity’s net worth as of December: $42.036 billion