Alanna Rosen

The metaverse is the hottest buzzword in the tech space right now. Companies are falling over themselves to make a dent in this space. Before you think of the metaverse as just another fad, consider what Ark Investment Management (Ark Invest) CEO Cathie Wood told CNBC about the metaverse in December. “It’s a big idea that will probably infiltrate, just like technology is, every sector in ways that we cannot even imagine right now.” She added that she thinks the metaverse will become a multi-trillion dollar market.

It is important that you back the right horse. Here are our top 3 picks for Metaverse stocks to buy for 2022 and beyond.

The markets cheered the move. Company stock rose 11% after Dorsey said he was leaving the company he founded. Twitter has been a bad investment since its IPO in 2013. It closed at $41.65 on day one. Eight years later, it is trading at $42.07. During this same period, the Nasdaq has moved up from 4,500 levels to over 15,000 and the S&P 500 has gained around 160%.

The S&P/TSX Index has seen a drop of over 2% from 21,610 on November 26 to 21,110 as of this article. The reason for this is the rise of the new COVID variant which has caused chaos across financial markets.

Markets are expected to be volatile for some time now and investors will look to safe havens as they tumble and fall and rise. Here are four stocks that have proven their resilience over markets.

It’s official. People can travel again. The US lifted its travel ban on November 8, and this will likely lead to a slew of travelers into the country. The ban which lasted for 19 months is gone now and visitors from 33 countries can now visit the US again. Hotels and travel companies like Airbnb are likely to see a massive surge in bookings.

Suncor Energy (TSX: SU) stock has frustrated its investors since the pandemic. The stock price fell from $40 levels in early 2020 to $22 levels in March 2020 and then below $16 in October 2020. Come August 2021, and the stock was still at $24 at a time when stock markets around the world had already recovered from their pandemic falls and were hitting new highs.

The company, one of Canada’s largest integrated energy companies, looked to have completely missed out on the crude oil rally. However, since August, Suncor has steadily moved up. It posted its numbers for Q3 2021 recently, and the stock has climbed up to $32.55 as of October 29. Is this the right time to get into Suncor? Will the stock hit its $40 pre-pandemic levels?

The US Energy Information Administration, in its Winter Fuels Outlook, October 2021, made a cold announcement. It said, “As we head into the winter of 2021–22, retail prices for energy are at or near multiyear highs in the United States. The high prices follow changes to energy supply and demand patterns in response to the COVID-19 pandemic.”

China is the world’s second-largest economy which is experiencing serious headwinds now. Its middle-class which was booming once upon a time thanks to the dreams laid out by entrepreneurs like Jack Ma is now reevaluating its choices. The country is facing a coal shortage, has cracked down on sectors like cryptocurrency and online education, and wants to redistribute private wealth.

The marijuana industry is getting a lot of attention from investors of all ages and trading styles because cannabis is moving forward in a major way, and the industry, as a whole, is experiencing a pretty good time. Despite such tremendous growth prospects, the major disadvantage with this industry is it suffers from high market volatility which makes the investors are susceptible to high losses. However, there are still some excellent stocks engaged in the business that consistently generate high revenues and earnings for investors.

Amazon is one of the top 5 largest companies in the United States with its operations spread around the world. It is an e-commerce giant and has made heavy inroads into cloud computing, digital streaming, and artificial intelligence. The company is an incredibly successful one and over the past years has provided phenomenal returns to all its stakeholders in general. Notably, over the past decade, the company has grown itself by a massive 1,380% and is currently sitting at over $3189.78 per share.

On September 21, the Canadian market rallied after the re-election of Prime Minister Justin Trudeau’s Liberals Party with the assurance that Canada’s economy would keep improving. Economic and regulatory environments have a huge influence on an economy’s performance because government policies hugely affect business operations. Investors should decide their investment strategies depending on how these government policies impact each industry and its elements.

Shopify is a Canada-based multinational e-commerce platform operating across 175 countries with a customer base of around 1.75 million merchants. In return for subscription fees ranging from $29 per month for entrepreneurs to $2,000 and up for large companies, this platform enables merchants to sell their offerings across various channels like web and mobile storefronts, pop-up shops, physical retail locations, etc. along with helping them in operational processes like inventory management, order, and payment processing, shipments, and likes.