3 5G Stocks to Buy Right Now
The 5G network "supercycle" has arrived, and consumers are only just beginning to reap the benefits of better mobile data and communications services. Given the size of global mobile networks and the new use cases 5G unlocks, it's no surprise investors want a cut of the 5G boom.
Rather than focusing on telecoms, though, some of the highest growth opportunities are in companies involved in network construction and chips that enable 5G connectivity. Three such stocks worth buying now are Skyworks Solutions (NASDAQ: SWKS), Micron Technologies (NASDAQ: MU), and Broadcom (NASDAQ: AVGO).
Skyworks Solutions benefited from the smartphone boom in spades -- primarily as a supplier to Apple's iPhone -- and 5G has set off a new device upgrade cycle with consumers seeking phones with a chip that enables connection to a 5G network. Skyworks' portfolio of radio frequency semiconductor designs is meeting that demand.
Source Fool.com
