Home Metaverse My favorite Metaverse stock for 2023 is 25% up

My favorite Metaverse stock for 2023 is 25% up

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My favorite Metaverse stock for 2023 is 25% up

Source: news.google.com

The metaverse was a hot topic last year, but the hype has largely faded now that virtually all metaverse stocks were hit throughout 2022. That includes metaplatforms (GOAL -2.36%)my favorite metaverse stock as of 2022. Instead of going up, the stock is down 66% since the start of the year.

Ironically, there is arguably more evidence today than there was last year that brighter days are ahead. Meta stubbed its toe on some short-term challenges, but there are at least three reasons why the stock could still generate a 25% return on investment in 2023.

1. Meta Moneymaker Still Strong

Most investors are obsessed with Meta’s metaverse ambitions, but the Family of Apps segment that houses Facebook, Instagram, and WhatsApp is still the breadcrumb for Meta. Widespread recession fears are…

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