If you're following the adoption of 5G also known as fifth-generation wireless technology, you could be wondering if now is a good time to start investing and what the best 5G stocks to buy are.. We highlight 12 of our favorites.
Qualcomm is a semiconductor company set to benefit from 5G because it produces smartphone parts, including chips for Apple. It also owns Qualcomm Technology Licensing, allowing it to collect royalties from wireless devices and infrastructure.
Nvidia creates chips and graphic cards, both of which will be essential for powering 5G networks and keeping them running fast. Its smart graphic processing units help stop bandwidth wastage allowing the transfer of bandwidth from one machine to another..
Mutual funds are the perfect option if you’re not an investment nerd like me and would prefer to sit back whilst your money works for you.
Nvidia and Ericsson have partnered to bring greater efficiency through building efficient radio access networks for 5G. It currently has a 27% market share in 2G, 3G, and 4G mobile networks, and now it’s hoping to delve into the world of 5G, too.
Ciena is another telecommunications equipment provider. It helps companies set up their optical fiber networks; essential equipment for 5G since they provide unlimited bandwidth. Ciena’s clients include big-name companies like Vodafone and Verizon (which features lower down on this list).
Although Nokia might not be the popular phone manufacturer it once was, it remains a major supplier of infrastructure equipment to wireless companies. The company is worth around $24 billion — not exactly small fry.It might not be the obvious choice for a 5G stock, but don’t discount Nokia.