Buy These Top 5G Stocks Before It Gets Too Late
Telecom carriers are stepping up the pace of 5G deployments in the U.S. and paving the way for huge infrastructure spending. A similar story is unfolding across the globe, despite the impact of the novel coronavirus pandemic. Fitch Ratings estimates that 5G infrastructure investments will gain pace in the next couple of years, leaving behind the short-term impact of COVID-19. Additionally, investments in 5G infrastructure will create demand for compatible smartphones.
There are several ways for investors to make money from the shift to 5G. One can invest in a 5G infrastructure-oriented stock such as Applied Materials (NASDAQ: AMAT) -- whose offerings will make it possible for chipmakers to make the chips required for network deployment or for use in devices supporting the new standard. On the other hand, Synaptics (NASDAQ: SYNA) gives investors another way to take advantage of the 5G revolution as it supplies a key technology that's becoming ubiquitous with new smartphones.
More importantly, shares of both Applied Materials and Synaptics are trading at attractive levels, making them ideal for investors looking for value stocks to take advantage of the 5G revolution.
Source Fool.com
