“5G” is the next generation of mobile network technology that will make data delivery 100 times faster than 4G.
And there's no doubt 5G stocks will create a lot of winners over the next decade.
Swedish networking equipment maker Ericsson estimated that new 5G-based opportunities could generate as much as $1.3 trillion in additional annual revenue by 2026 just for carriers.
This spending will initially focus on these key areas: data centers; edge computing; network transformation; and 5G network protocols (also known as 5G IP) and modems.
And to help our readers identify clear-cut winners, we are providing this in-depth guide on how to find the top 5G stocks to buy right now.
Here’s how the winners break down by category…
Data-center OEM (including edge computing):
Nearly 80% of 5G infrastructure spend, according to Moor Insights, will come from hardware and network transformation projects to support the new 5G standard. Key players are Cisco, DellEMC, Hewlett Packard Enterprise, IBM, and Lenovo
Consensus pick: Cisco (NASDAQ:CSCO)
Data-center component suppliers (Including edge computing):
These companies supply components that manufacturers use to build their hardware solutions. Key players include Intel, Qualcomm, Broadcom, AMD. Samsung. and Nvidia.
Consensus Pick: Intel (NASDAQ:INTC)
Network transformation providers:
These help telecom and other communication companies upgrade their networks to handle 5G. Companies include Ericsson, Intel, Nokia, Samsung and Huawei.
Consensus Pick: Nokia (NYSE:NOK)
Modem and IP suppliers:
These companies build modems, and/or supply intellectual property that contributes to the 5G standard. Companies to watch include Ericsson, Qualcomm, Huawei, Intel, Nokia and Samsung.
Consensus Pick: Qualcomm (NASDAQ:QCOM)
Mobile telecom companies:
China Mobile, SingTel, Vodafone, AT&T, Verizon, T-Mobile, Sprint, Orange, and a handful of other operators deliver cellphone services for retail and businesses.
Consensus Pick: AT&T (NYSE:T)
[Related] New 5G video going viral…
You have got to see this video that's going viral…
One of the world's top angel investors – a tech genius named Jeff Brown – unveils a brand-new 5G device…
To our knowledge, this video is the first time it's been shared with the public.
Anyone looking to use 5G will need this device.
And Jeff believes this device will go from $0 to nearly $100 billion in sales – this year.
He's been successful on 95.3% of his own tech investments…
And he believes the company behind this device is the Number One Tech Stock of 2020.
But you have to see this video to believe how amazing this device is.
Take a look before this 5G sneak preview gets taken down.
