The fifth generation of wireless infrastructure “5G” is the future of mobile technology…
In fact, it can achieve speeds that are as much as 100 times faster than current networks.
That means data transfers and things like remote surgery, autonomous vehicles, and more could happen in real-time.
And while company’s have been building out networks and infrastructure since 2018, we’re still only in the early innings of 5G’s broader adoption.
That’s why I’m bringing you three of the best 5G stocks that are set to benefit from the 5G revolution.
[finviz ticker= LUMN]
Lumen Technologies (LUMN) is a U.S.-based telecommunications company headquartered in Louisiana. Lumen providers services including internet, security, and cloud solutions. It also develops voice-related products and managed services.
More importantly, Lumen owns a major fiber-optic network that goes from North America, South America, and even Western Europe. This is a network that’s pivotal for 5G wireless technology.
And even though the company reported revenue of $5.03 billion compared to Wall Street’s anticipated revenue of $5.06 billion, the firm said it would make several strategic moves to bolster its exposure to the 5G market.
According to Lumen, it plans to further invest in fiber-optics, edge computing, and cloud-based services.
The telecom company will also look into divestitures to streamline its business and use the proceeds to build out its 5G presence.
So despite a slight revenue miss, Lumen’s outlook looks strong for the long term.
[finviz ticker = GLW]
Corning Inc. (GLW) is a multinational technology company that develops specialty glass, ceramics, and other materials. The firm’s products are largely used for mobile consumer electronics, life sciences, and automotive technologies.
And in its most recent quarter, it reported earnings per share of $0.45 compared to the expected $0.43. Revenue was $3.26 billion, topping the estimated $3.13 billion.
Even as economic activity returns closer to normal, demand for the glass used for laptop screens, televisions, tablets, and smartphones continue to surge. And as major companies like Apple and Google continue to build larger, 5G-capable phones, the need for specialty glass could grow in tandem.
But in the instance that device demand decelerates in the coming months, its fiber-optic cable business will remain pivotal for 5G infrastructure moving forward, as these cables are what help make the internet function.
[finviz ticker=LMT]
Lockheed Martin (LMT) is the largest defense contractor in the U.S. It develops everything from artificial intelligence, fighter jets, and satellite defense systems.
And while it isn’t typically seen as a way to capitalize on the 5G movement, the firm is making several moves to invest in the technology…
Over the past several months, Lockheed Martin has doubled down on creating a satellite network using 5G.
In fact, back in March, the defense contractor announced a partnership with satellite company Omnispace.
Through the agreement, Lockheed Martin will make a direct-to-device internet network for the commercial and military markets.
And as it positions itself to compete with SpaceX and Blue Origin, its investments into 5G will only grow.
Our #1 5G Takeover Target
Sponsored
Ex-Wall Street CEO Dylan Jovine is the best takeover investor on earth.
On August 6, 2020, he recommended Denali… 60 days later it jumped 110% on news of its Biogen deal.
On May 8, 2020, he recommended Agio Pharmaceutical options…3 weeks later it soared 142% on takeover rumors…
On January 4, 2019, he recommended Loxo Oncology… 3 days later it was taken over for a super-fast 71% gain…
On October 1, 2018 he recommended Tesaro… 63 days later it was taken over for a quick 91% gain…
Get Dylan’s next takeover target right here >>>
Today I have some great news for you!
Dylan just released his #1 5G Takeover Target.
It’s a small Alabama firm that invented a new 5G “Arrow” that could replace all nuclear missiles.
CBS News Reports: “It’s an entirely new type of weapon.”
The New York Times Reports: “No existing defense can stop it.”
The Pentagon says building it: “Is our #1 Priority.”
CNBC predicts the new 5G Arrow is “Going to open up a massive market for the defense industry.”
And at the center of this massive market is a small firm.
It’s tiny compared to big defense contractors like Lockheed Martin, Boeing and Raytheon.
But it beat out all those companies to win the contract to make these weapons for the U.S.
That’s why this small firm is our #1 5G Takeover Target.
