Best 5G Stocks to Buy in 2022: Top Companies

Rapid 5G mobile network construction will continue in 2022. According to researcher Statista and mobile infrastructure provider Ericsson (NASDAQ:ERIC), global 5G subscriptions are expected to double and surpass 1 billion this year. Meanwhile, Gartner estimates that 5G infrastructure spending needed to support the change could increase 22% this year to more than $23 billion worldwide.

Image source: The Motley Fool

This massive technology rollout will take years to complete. It will encompass wide swaths of the global economy since 5G network development will have substantial overlap with items ranging from automotive technology and industrial Internet of Things (IoT) to video games and virtual reality (part of the “metaverse”). Consumers and businesses will need to upgrade smartphones and other devices that can connect to 5G networks, making the upgrade cycle a top investment theme for 2022 and beyond.

The top 5G stocks to buy in 2022

5G is the fifth generation of wireless networking technology. It offers lower latency (the time between an input or request for data and the network’s response). 5G also boasts download speeds as much as 100 times faster than 4G. Mobile providers such as T-Mobile (NASDAQ:TMUS) and rivals Verizon (NYSE:VZ) and AT&T (NYSE:T) are all great options for investing in 5G. However, investors wanting higher-growth exposure to 5G should focus on companies providing infrastructure, equipment, and technology.

Semiconductor companies, manufacturers of mobile tech equipment and infrastructure, and real estate asset holders are some of the best-positioned stocks to benefit from the proliferation of 5G. Several 5G exchange-traded funds (ETFs) also focus on companies building the next generation of mobile technology.

Data source: YCharts. Market cap as of July 25, 2022.

Read complete post here:
Source link