I’ve already given my thoughts on the best 5G stocks and how you can use swing trading to profit from them but most of the companies I highlighted are multinationals with huge market caps (meaning they have a high number and value of shares in circulation). Since this is such a new industry, you might also be interested in smaller companies that stand to gain a lot from the upcoming 5G boom. Fear not, I've got you covered!
As far as smaller companies go, Casa Systems is definitely at the lower end. Founded in 2003, Casa is a telecommunications equipment company that specializes in modems for networks. It’s doubled down on the opportunities brought by a new network, turning its focus to advanced broadband solutions using 5G.
One of Casa’s leading projects is the Axyom Software Platform. This software architecture system merges various popular services to increase performance and speed for their providers’ networks. Casa also has various other exciting projects in the works. The merger between T-Mobile and Sprint completed in early 2020 is fortunate for the company thanks to its existing relationship with Sprint.
Axcelis Technologies is an American manufacturer of materials for the semiconductor industry — an important player in the 5G market. As more companies need semiconductors to be designed and developed, they’ll also need ion implantation systems (a vital component to process data), which is where Axcelis’ specialty lies. With almost double the market cap of Casa Systems, this is a solid small-cap stock.