Top Metaverse Stocks to Monitor - March 17th

As interest in immersive virtual experiences grows, certain stocks tied to the metaverse are attracting attention from investors. According to MarketBeat's stock screener tool, the following seven metaverse stocks are worth watching right now: NVIDIA, Accenture, Globant, SK Telecom, NIP Group, PowerUp Acquisition, and Global Mofy Metaverse. These companies are involved in creating, developing, or investing in virtual worlds and sophisticated technologies, including virtual reality and augmented reality. Their recent high trading volumes suggest significant investor interest.

NVIDIA (NVDA)

NVIDIA Corporation is renowned for providing high-performance graphics and computing solutions. The company's graphics segment includes GeForce GPUs for gaming and PCs, along with gaming platform solutions and Omniverse software specifically designed for building applications within the metaverse and 3D internet. Recently, NVDA shares traded down to $118.78 during midday trading, while maintaining a significant market capitalization of $2.90 trillion. The company's price-to-earnings (P/E) ratio stands at 46.74, highlighting its premium valuation in the market.

Accenture (ACN)

Accenture plc excels as a global professional services company, offering a wide range of solutions in strategy, consulting, and technology. Its offerings now include dedicated services focused on the metaverse, alongside agile transformation and data analytics services. Recently, its stock reached $323.66, and it boasts a market cap of over $202 billion, with a P/E ratio of 27.11.

Globant (GLOB)

Globant S.A. provides diverse technology services, including digital solutions that feature components like artificial intelligence, cybersecurity, and offerings related to the metaverse. The company's stock reached $134.77, with a market cap of $5.93 billion and a P/E ratio of 36.21, reflecting its growth potential in the tech space.

SK Telecom (SKM)

In South Korea, SK Telecom Co., Ltd. leads in wireless telecommunication services. It offers cellular services as well as metaverse platform-based services across various segments. Recently, SKM shares traded at $21.71, making it a noteworthy player with a market cap of $8.55 billion and a P/E ratio of 8.86.

NIP Group (NIPG)

NIP Group aims to deliver transformative esports experiences globally, seeking to solidify its standing as a prominent esports organization. Its stock traded up to $1.54 recently, reflecting its expanding footprint in esports and metaverse ventures.

PowerUp Acquisition (PWUP)

PowerUp Acquisition Corp. is focused on potential mergers or acquisitions of businesses related to gaming and the metaverse. The stock traded at $0.62, providing a glimpse into its speculative nature in the metaverse investment landscape.

Global Mofy Metaverse (GMM)

Global Mofy Metaverse Limited specializes in virtual content production and digital marketing services tailored for the metaverse sector in China. The stock recently reached $4.36, and the company is positioned to tap into the burgeoning demand for digital experiences.

As the metaverse evolves, watching these stocks closely may provide insights into potential opportunities in this exciting frontier of technology.

metaverse, stocks, technology, investing, NVIDIA, Accenture