5G Stocks To Consider - August 23rd

Key Points

• QUALCOMM, Cisco Systems, and Super Micro Computer are highlighted as top 5G stocks to consider due to their significant trading volumes and involvement in 5G technology development.
• These companies represent key players in the 5G industry, which encompasses sectors like networking equipment, semiconductor production, and telecom services aimed at enhancing global connectivity.
• Investors are looking to capitalize on the expected growth and performance improvements brought by the 5G rollout, including faster data speeds and lower latency.

QUALCOMM, Cisco Systems, and Super Micro Computer are the three 5G stocks to watch today, according to MarketBeat's stock screener tool. 5G stocks are shares of publicly traded companies involved in the development, manufacturing and deployment of fifth-generation (5G) wireless network technologies and infrastructure. These typically include network equipment vendors, semiconductor makers, device manufacturers, tower operators and telecom service providers building or utilizing 5G networks. Investors buy 5G stocks to capitalize on the anticipated growth, faster data speeds and ultra-low latency applications enabled by global 5G rollout. These companies had the highest dollar trading volume of any 5G stocks within the last several days.

QUALCOMM (QCOM)

QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on 3G/4G/5G and other technologies for use in wireless voice and data communications, networking, computing, multimedia, and position location products.

Read Our Latest Research Report on QCOM

Cisco Systems (CSCO)

Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol based networking and other products related to the communications and information technology industry in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and China. The company also offers switching portfolio encompasses campus switching as well as data center switching; enterprise routing portfolio interconnects public and private wireline and mobile networks, delivering highly secure, and reliable connectivity to campus, data center and branch networks; wireless products include wireless access points and controllers; and compute portfolio including the cisco unified computing system, hyperflex, and software management capabilities, which combine computing, networking, and storage infrastructure management and virtualization.

Read Our Latest Research Report on CSCO

Super Micro Computer (SMCI)

Super Micro Computer, Inc., together with its subsidiaries, develops and manufactures high performance server and storage solutions based on modular and open architecture in the United States, Europe, Asia, and internationally. Its solutions range from complete server, storage systems, modular blade servers, blades, workstations, full racks, networking devices, server sub-systems, server management software, and security software.

Read Our Latest Research Report on SMCI

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