5G, or the fifth-generation wireless technology, is one of the rapidly growing areas of the tech industry. With technological advancements, consumers expect much higher data exchange and communication speeds. Since 5G is 1000 times faster than 4G, it is obvious that 5G is the future of technology. The advancement should support significant technological improvements like remote medical surgeries, driverless vehicles, and real-time tracking of anything and everything fitted with a microchip. The future transformative technology attracts investors who envisage making significant gains by investing in 5g stocks. You can invest in various ways to pick the best 5g stocks. You can invest in 5G network providers, 5G networks, semiconductor manufacturers, and real estate investment trusts.
Here are some 5g stocks to buy to stay ahead in technology investments, which should figure in any 5g stocks list.
Digital Realty Trust Inc. (DLR)
Digital Realty Trust is a data center Real estate investment trust (REIT) whose customers include Adobe Inc., Verizon, Amazon’s AWS, and LinkedIn. The development and spread of 5G will trigger an enormous data generation for storage and consumption. It would require proper infrastructure to manage the connectivity and the bandwidth for the scale and size of growing digital information. DLR could be your new 5g stocks for entering the arena of 5G infrastructure. DLR can leverage its experience in IT services, healthcare, financial services, energy, and manufacturing, among other sectors.
American Tower Corporation (AMT)
American Tower Corp is another REIT that owns a portfolio of communication towers (wireless). Wireless communication towers are the pillars of the wireless network infrastructure. Investors with a long-term view who are interested in buying good 5g stocks can bank on American Towers. The company has been steadily expanding its holding in the data center market while paving the way for laying the foundation for infrastructure to support 5G. The company would benefit from the tailwinds of subscriber and usage growth of wireless technology and expects to achieve solid growth across its portfolio of towers located across the globe.
Verizon Communications (VZ)
Investors who want to gain quick access to the stocks for 5g would do well to target some leading network carriers like Verizon Communication. Verizon partners with different companies across industries to bring its 5G technology to various markets, especially the metaverse. As augmented reality (AR) and Virtual Reality (VR) applications are set to become the blue-eyed boys of consumers for indulging in an immersive metaverse experience, Verizon is on track to experience high growth. The company’s commitment to bring 5G to more than a hundred million people gives enormous confidence to investors on the lookout for stocks for 5g.
As the Internet of Things (IoT) becomes indispensable for modern living and the driverless vehicle is soon to become a reality, there could not have been a better time to invest in 5G stocks. With the widespread adoption of microchips which you could soon find embedded in all objects, the power of 5G will transform our lives and those who invest in the sector.
