Why Samsung Is a Great 5G Stock
Capitalizing on the advent of 5G wireless connectivity hasn't been particularly simple for investors. Nokia has emerged as a preferred provider of back-end solutions, as has Ericsson. AT&T (NYSE: T), meanwhile, has arguably accelerated the pace of its rollout in the 5G service race, and several other majors are in the mix.
One of the top prospects in this arena, however, is unusually obvious. That's Samsung (OTC: SSNLF). While it would be easy to presume South Korea's highly diversified electronics outfit doesn't do enough mobile handset or infrastructure business to make the growth prospects for those segments a sufficient reason to invest in the company, a bit of digging reveals that those businesses actually account for a huge portion of Samsung's revenue mix.
Perhaps more important, Samsung has clearly done some deep thinking about how consumers can -- and will -- utilize 5G speeds.
Source Fool.com
