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We used this data to pick the 5G stocks most popular among these funds. Insider Monkey tracks data of about 866 hedge funds. (NASDAQ: AAPL) jumped 18.60% in the last three months and 28.84% year-to-date. (NASDAQ: AAPL) announced that all its scheduled iPhone releases for 2022 will be 5G-capable. (NASDAQ: AAPL) unveiled the first line of iPhones to support 5G connectivity, accounting for 47% of the 5G smartphone market. In the second quarter of 2021, Verizon Communications Inc.'s (NYSE: VZ) revenue grew 10.89% to $33.76 billion, driven by strong demand in 5G phone and wireless service adoption.Īccording to JPMorgan data, in October 2020, Apple Inc. (NYSE: VZ) launched the first 5G Technology Forum (5GTF), which brought together industry leaders such as Intel Corporation ( NASDAQ: INTC), QUALCOMM Incorporated ( NASDAQ: QCOM), Telefonaktiebolaget LM Ericsson (publ) ( NASDAQ: ERIC), and Samsung Electronics Co., Ltd. One of the pioneer 5G companies in the US is telecom giant Verizon Communications Inc. (NASDAQ: AAPL), and Nokia Corporation (NYSE: NOK). (NYSE: VZ), Intel Corporation (NASDAQ: INTC), QUALCOMM Incorporated (NASDAQ: QCOM), Telefonaktiebolaget LM Ericsson (publ) (NASDAQ: ERIC), Apple Inc.
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Some of the notable 5G stocks to invest in right now are Verizon Communications Inc. While, according to research from JPMorgan, the North American 5G market will surpass $180 billion by 2030. In January 2021, the companies announced a collaboration to build 400,000 700 MHz 5G base stations in China by the end of 2021. The technology was used to check for security and at the same time, fuel Toyota Motor Corporation's ( NYSE: TM) e-Palette vehicles to transport athletes around the Olympic Village.Īnother example of countries developing in the 5G industry are Hong Kong with its China Mobile Limited and Beijing with its China Broadcasting Network Ltd. During the 2021 Tokyo Olympics, Japan demonstrated its 5G technology with its 5G network-powered speedy facial recognition ID. The 5G industry continues to thrive with its potential to shape the future of global connectivity. To skip our detailed analysis of these stocks and the 5G industry, you can go directly to see the 5 Best 5G Stocks To Invest In Right Now. In this article, we will be looking at the 12 best 5G stocks to invest in right now.