With the number of listed companies engaged in “Web 3.0” businesses increasing, what do investment specialists think of new stocks such as AI, semiconductors, and Web 3.0-related stocks? When is the best time to invest?
We asked two investment specialists, Nobuhiro Tomatsu, a “charismatic figure in Chinese stocks” with a keen eye on foreign stocks, and Ryo Kumagai, MVP of Yahoo! Finance's “Investment Expert” for two consecutive years, about the current status and future of Web 3.0-related stocks.
Investors are focusing on Web 3.0-related stocks due to long-term expectations for future potential
Nobuhiro Tomatsu:My impression is that the current overall market position of Web 3.0-related issues is still weak. In terms of materials, the topic of Web 3.0 certainly has much room for future development, but it is still in the development stage, and companies are still in the process of embarking on their businesses, so few companies have actually produced significant results.
There are still very few Web 3.0-related stocks whose share prices are rising due to Web 3.0-related business performance. For example, GMO Internet has established its own NFT marketplace, but its NFT-related sales are not that large.
I think this is a genre that investors are still in the wait-and-see stage. Of course, as I mentioned earlier, there are some investors who may want to hold on to the company's future potential at this point in time.
In fact, when Web 3.0-related topics come up, for example, when Bitcoin rises in price, it is natural to see price movements in stocks related to crypto assets.
There are still only a few companies that are expanding their business performance mainly through Web 3.0 businesses, but GMO Internet is one example of a company that is working on such new businesses on top of its core business. Although it cannot be called a core business yet, it is certainly a genre that investors are paying attention to due to long-term expectations for its future potential.
In terms of stocks, GMO Internet, Rakuten, Monex, and CyberAgent are currently solid companies.
