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Companies and investors are warming to the idea of the metaverse, and investment bank Morgan Stanley (MS) even predicts it will be ‘the next big investment theme.’ The global metaverse market is expected to reach $872.35 billion in 2028 and register a 44.1% CAGR.
Therefore, the fundamentally sound stocks of Microsoft Corporation (NASDAQ:MSFT) and Meta Platforms, Inc. (FB) might be ideal bets. FB has made substantial investments in VR, while MSFT already uses extended reality (XR) applications in its Microsoft Mesh platform.
