For now, Metaverse stocks are growth stocks, and due to the fact that the market is punishing the name of growth, Metaverse investment may not be preferred.
Rising interest rates and high inflation do that, but there are some important points to keep in mind for investors interested in the Metaverse. First, this is a destructive theme, just scratching the surface of what could be a compelling growth trajectory.
Second, in relation to the first point, Metaverse investment will probably require a long-term perspective.The Fidelity Metaverse ETF ((((FMET). Helps investors respond to long-term metaverse trends while avoiding the burden of stock selection.
in the meantime FMET While other Metaverse ETFs are struggling this year, one of the positive things investors should consider is the growing interest in Metaverse investments.
“I’m curious for good reason. Metaverse is an immersive virtual world built on the elements of established games, virtual reality (VR), and augmented reality (AR). At this point, It’s a lot like the Internet in the early 1990s and smartphones in the early 2000s. We expect it to grow and very likely to change people’s daily lives. ” According to a BlackRock survey..
FMETTrack Fidelity Metaverse IndexExposes investors to rising metaverse themes such as digitization and increased connectivity, cryptocurrency opportunities, and the proliferation of computing power. In fact, those themes and other themes are already in shape.
“People who are already spending time in virtual space are using old technology where screens are a limiting factor. VR headsets and AR glasses, along with a powerful 5G mobile network, take this to the next level. “Black Rock added. “In 2023, we made a breakthrough in AR glasses (a lightweight and smart version that we can wear every day). VR headsets will also be modernized, but it’s not that easy, so it’s a’game changer’. Is less likely to be. Wear it on the move. “
Of course, what’s inside FMET makes sense for long-term investors, and those market participants may find a lot of names related to the concept of multiple metaverses, so you need to peruse the ETF roster. I have.
“Where should we look for future Metaverse investment benefits? The most pressing opportunity for companies that can provide the materials needed to develop eyeglasses and headsets to major internet, software and smartphone companies. To make fashionable, metaverse-functional AR glasses, we need a new generation of chips, batteries, and lenses, “Blacklock concludes.
FMET’s top 10 holdings include Meta Platform (NASDAQ: FB), Apple (NASDAQ:AAPL), alphabet (NASDAQ:GOOG), And Nvidia (NASDAQ:NVDA).
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