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Metaverse Stocks To Follow Today - July 29th

NVIDIA logo with Computer and Technology background

Key Points

  • NVIDIA, Accenture, and Globant are highlighted as key Metaverse stocks to watch, indicating their involvement in developing technologies for immersive virtual worlds.
  • NVIDIA's stock traded down to $176.05, with a market cap of $4.30 trillion and a P/E ratio of 56.79, structuring its robust presence in both gaming and metaverse ecosystems.
  • Accenture's shares reached $278.02, with significant services in metaverse solutions and a market capitalization of $174.13 billion, reflecting its strategic positioning in technology consulting.
  • Five stocks to consider instead of NVIDIA.
  • Limited Time Offer: Unlock powerful research tools, advanced financial data, and expert insights to help you invest with confidence. Save 50% when you upgrade to MarketBeat All Access during the month of July. Claim your discount here.

NVIDIA, Accenture, and Globant are the three Metaverse stocks to watch today, according to MarketBeat's stock screener tool. Metaverse stocks are shares of publicly traded companies whose core businesses involve building or enabling the metaverse—immersive virtual worlds accessed through augmented and virtual reality. These may include firms developing VR/AR hardware, virtual platforms, digital real estate, and related software or infrastructure. Investors buy metaverse stocks to gain exposure to the projected growth of interconnected digital environments and the services that power them. These companies had the highest dollar trading volume of any Metaverse stocks within the last several days.

NVIDIA (NVDA)

NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications.

NASDAQ:NVDA traded down $0.70 on Tuesday, hitting $176.05. 105,502,341 shares of the company's stock were exchanged, compared to its average volume of 249,487,828. The company has a debt-to-equity ratio of 0.10, a current ratio of 3.39 and a quick ratio of 2.96. The firm has a 50-day moving average price of $151.77 and a 200-day moving average price of $131.09. The company has a market cap of $4.30 trillion, a P/E ratio of 56.79, a price-to-earnings-growth ratio of 1.53 and a beta of 2.13. NVIDIA has a 52 week low of $86.62 and a 52 week high of $179.38.

Read Our Latest Research Report on NVDA

Accenture (ACN)

Accenture plc, a professional services company, provides strategy and consulting, industry X, song, and technology and operation services worldwide. The company offers application services, including agile transformation, DevOps, application modernization, enterprise architecture, software and quality engineering, data management; intelligent automation comprising robotic process automation, natural language processing, and virtual agents; and application management services, as well as software engineering services; strategy and consulting services; data and analytics strategy, data discovery and augmentation, data management and beyond, data democratization, and industrialized solutions comprising turnkey analytics and artificial intelligence (AI) solutions; metaverse; and sustainability services.

Shares of ACN stock traded up $0.98 on Tuesday, reaching $278.02. The stock had a trading volume of 1,481,259 shares, compared to its average volume of 3,353,505. The firm has a market capitalization of $174.13 billion, a price-to-earnings ratio of 22.14, a P/E/G ratio of 2.68 and a beta of 1.29. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 0.16. Accenture has a 12 month low of $273.19 and a 12 month high of $398.35. The firm's 50-day moving average is $301.75 and its two-hundred day moving average is $321.36.

Read Our Latest Research Report on ACN

Globant (GLOB)

Globant S.A., together with its subsidiaries, provides technology services worldwide. It provides digital solutions comprising blockchain, cloud technologies, cybersecurity, data and artificial intelligence, digital experience and performance, code, Internet of Things, metaverse, and engineering and testing; and enterprise technology solutions and services, such as Agile organization, Cultural Hacking, process optimization services, as well as AWS, Google Cloud, Microsoft, Oracle, SalesForce, SAP, and ServiceNow technology solutions.

Shares of GLOB traded down $3.15 during mid-day trading on Tuesday, hitting $90.15. 544,035 shares of the company's stock were exchanged, compared to its average volume of 1,034,266. Globant has a 52 week low of $82.39 and a 52 week high of $238.32. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.13. The firm has a market cap of $3.97 billion, a price-to-earnings ratio of 26.73, a price-to-earnings-growth ratio of 3.28 and a beta of 1.20. The stock's 50-day simple moving average is $93.41 and its 200-day simple moving average is $131.53.

Read Our Latest Research Report on GLOB

See Also

Should You Invest $1,000 in NVIDIA Right Now?

Before you consider NVIDIA, you'll want to hear this.

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While NVIDIA currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

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