The technology powering virtual reality (VR) experiences has significantly improved in recent years. This technology is powering real-world applications like virtual walkthroughs of buildings and products still on the drawing board, or collaborations with colleagues in a virtual meeting room. Facebook has made a big splash into this new "metaverse" by changing its name to Meta Platforms (NASDAQ: FB), but that's not the only way to play this trend as an investor.
The software-as-a-service (SaaS) business model has become dominant over the past five years. It has made life easier for companies and employees, and produced enormous wealth for shareholders. Nowhere is that more obvious than in the results of Bill.
In a battle of leaders in communications technologies and interactive content, which stock reigns supreme?