Published on 12 Apr 2022 on InvestorPlace via Yahoo Finance
7 Metaverse Penny Stocks to Add to Your 10X Watchlist
Meta Materials (NASDAQ:MMAT) — A picks-and-shovels opportunity that feeds the future of techEnthusiast Gaming Holdings (NASDAQ:EGLX) — Targeting Gen Z and millennials in the lucrative e-gaming sectorCinedigm Corp. (NASDAQ:CIDM) — A digital entertainment company that may be moving into the NFT spaceImmersion Corporation (NASDAQ:IMMR) — Developing digital products users will be able to “touch”Super League Gaming (NASDAQ:SLGG) – An e-sports company that is going all in on the metaverseMatterport (NASDAQ:MTTR) — The leader in digital twin, 3D data technologyHall of Fame Resort and Entertainment Company (NASDAQ:HOFV) — A picks-and-shovel play on how the National Football League will manage the metaverse
Metaverse stocks are all the rage today. However if you ask 10 investors what the metaverse is, you’re likely to get 10 different answers. What seems to be universal is that to some extent, the metaverse will be about Web 3.0.
In this evolution of the internet, decentralization promises to give data possession back to the end users. And as you would expect, there are many companies looking to capitalize on the metaverse. And many of these companies fit into the category of penny stocks.