This software company just posted a 43% increase in quarterly revenue, and Jim Cramer has recently recommended it.
Unity Software Inc. (U)
From ERPE Excerpts
Think metaverse. The opportunity is monetizing interactive, real-time 3D content (RT3D). Unity Software enables RT3D and is the metaverse stock to own.
Unity Software is the world’s leading platform for creating and operating interactive, real-time 3D (RT3D) content. Creators, ranging from video game developers to artists, filmmakers, and others, use Unity to make their imaginations come to life. Unity’s platform provides a comprehensive set of software solutions to create, run and monetize interactive, real-time 2D and 3D content for mobile phones, tablets, PCs, consoles, and augmented and virtual reality devices.
In November 2021, Unity acquired Weta Digital, the premier creator and innovator of visual effects and animation. Weta Digital’s technology made it possible to produce high-quality, award-winning movies like Avatar, Game of Thrones, Lord of the Rings, Planet of the Apes, and more. The merger will allow Unity to empower the growing number of game developers, artists, and potentially millions of consumer creators with highly sophisticated content creation tools and a cloud-based Software as a Service subscription model.
Unity believes its technology could provide a foundation for the coming metaverse. I believe Unity is a timely stock to own in the current investment universe.
John J. Gardner, ERPE Excerpts, 925-216-4968, blackhawkwealthadvisors.com, December 20, 2021